Tex. Agric. Code Section 52.087
Liability of Members


Except for debts contracted with the association, a member of a marketing association is not liable for the debts of the association in an amount that exceeds the amount that is unpaid on the member’s membership fee or subscription to capital stock, including any unpaid balance on promissory notes given in payment for the stock.
Acts 1981, 67th Leg., p. 1111, ch. 388, Sec. 1, eff. Sept. 1, 1981.

Source: Section 52.087 — Liability of Members, https://statutes.­capitol.­texas.­gov/Docs/AG/htm/AG.­52.­htm#52.­087 (accessed Jun. 5, 2024).

Accessed:
Jun. 5, 2024

§ 52.087’s source at texas​.gov