Business Organizations Code § 251.401
A cooperative association may wind up and terminate its affairs, and if it is directed to wind up and liquidate, designated trustees must pay debts, liquidate assets, and distribute assets as provided.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
- Official source
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asset distribution liquidation termination winding up
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Business Organizations Code § 251.401
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