Texas Business Organizations Code
Sec. § 251.301
Limitations on Return on Capital


Except as otherwise provided by the cooperative association’s bylaws, an investment dividend of a cooperative association may not be cumulative and may not exceed eight percent of investment capital.


Total investment dividends distributed for a fiscal year may not exceed 50 percent of the net savings for the period.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Last accessed
Jul. 13, 2020