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Texas Business Organizations Code

§ 251.102 — OFFICERS

BO § 251.102Title 6. ASSOCIATIONS · Ch. 251. COOPERATIVE ASSOCIATIONS · Art. C. MANAGEMENT

Statute text

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(a)The directors of a cooperative association shall annually elect, unless otherwise provided by the bylaws, the following officers for the cooperative association:
(1)a president;
(2)one or more vice presidents; and
(3)a secretary and treasurer or a secretary-treasurer.
(b)Any two or more offices, other than the offices of president and secretary, may be held by the same person.
(c)The officers of a cooperative association may be designated by other titles as provided by the certificate of formation or the bylaws of the cooperative association.
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Legislative history

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Source: Texas Business Organizations Code § 251.102 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.