Texas Statutes (Last Updated: January 4, 2014) |
BUSINESS ORGANIZATIONS CODE |
Title 6. ASSOCIATIONS |
Chapter 251. COOPERATIVE ASSOCIATIONS |
Subchapter F. MEETINGS AND VOTING |
Sec. 251.253. MEETINGS BY UNITS OF MEMBERSHIP
Latest version.
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(a) The certificate of formation or bylaws of a cooperative association may provide for the holding of meetings by units of the membership of the cooperative association and may provide for:
(1) a method of transmitting the votes cast at unit meetings to the central meeting;
(2) a method of representation of units of the membership by the election of delegates to the central meeting; or
(3) a combination of both methods.
(b) Except as otherwise provided by the certificate of formation or bylaws, a meeting by a unit of the membership shall be called and held in the same manner as a regular meeting of the members.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.