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Texas Agriculture Code

§ 51.019 — CONTRIBUTORS

AG § 51.019Title 4. AGRICULTURAL ORGANIZATIONS · Ch. 51. FARMERS' COOPERATIVE SOCIETIES

Statute text

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A person who is not engaged in agricultural pursuits may contribute to a society. The amount of the contribution may not exceed one-third of the outstanding working capital of the society.

Legislative history

Acts 1981, 67th Leg., p. 1100, ch. 388, Sec. 1, eff. Sept. 1, 1981.