Texas Statutes (Last Updated: January 4, 2014) |
BUSINESS ORGANIZATIONS CODE |
Title 6. ASSOCIATIONS |
Chapter 251. COOPERATIVE ASSOCIATIONS |
Subchapter F. MEETINGS AND VOTING |
Sec. 251.251. MEETINGS
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(a) Regular meetings of members of a cooperative association shall be held at least once a year as prescribed by the cooperative association's bylaws.
(b) A special meeting of the members of a cooperative association may be requested by a majority vote of the directors or by written petition of at least one-tenth of the membership of the cooperative association. The secretary shall call a special meeting to be held 30 days after receipt of the request for a special meeting.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.