Texas Agriculture Code - Section 74.1011. Designation Of Entity To Carry Out Boll Weevil Eradication
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§ 74.1011. DESIGNATION OF ENTITY TO CARRY OUT BOLL WEEVIL
ERADICATION. (a) The Texas Boll Weevil Eradication Foundation,
Inc., a Texas nonprofit corporation chartered by the secretary of
state on September 14, 1993, shall be recognized by the department
as the entity to plan, carry out, and operate eradication and
diapause programs to eliminate the boll weevil and the pink
bollworm from cotton in the state under the supervision of the
department as provided by this subchapter.
(b) The commissioner may terminate the foundation's
designation as the entity recognized to carry out boll weevil
eradication by giving 45 days' written notice to the foundation and
by designating a successor entity. If the commissioner designates
a successor to the foundation, the successor has all the powers and
duties of the foundation under this subchapter. Any successor to
the foundation shall assume and shall be responsible for all
obligations and liabilities relating to any notes, security
agreements, assignments, loan agreements, and any other contracts
or other documents entered into by the foundation with or for the
benefit of any financial institution or its predecessor, successor,
or assignee.
Added by Acts 1997, 75th Leg., ch. 463, § 1.02, eff. May 30,
1997.
Section: 74.008 74.009 74.010 74.011 74.012 74.013 74.101 74.1011 74.102 74.1021 74.1041 74.1042 74.105 74.106 74.107
Last modified: August 10, 2007
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