Tex. Bus. Orgs. Code Section 251.301
Limitations on Return on Capital

(a)

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.

(b)

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.

Source: Section 251.301 — Limitations on Return on Capital, https://statutes.­capitol.­texas.­gov/Docs/BO/htm/BO.­251.­htm#251.­301 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 251.301’s source at texas​.gov