- (a) One or more telephone cooperatives may merge into another cooperative as provided by this section and Section 162.204.
- (b) The proposition for the merger and proposed articles of merger must be submitted at a meeting of the members of each merging cooperative and the surviving cooperative. A copy of the proposed articles of merger must be attached to the notice of each meeting.
- (c) A proposed merger and proposed articles of merger, with any amendments, may be approved only on the affirmative vote of at least two-thirds of the members of each cooperative voting on the proposed merger and articles.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.