- (a) Except as provided by Subsection (b), a member of a cooperative association has one vote.
- (b) If a cooperative association includes among its membership another cooperative association or a group that is organized on a cooperative basis, the voting rights of the cooperative association member or group member may be prescribed by the certificate of formation or bylaws of the cooperative association.
- (c) Any voting agreement or other device that is made to evade the one-member-one-vote rule is not enforceable.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.