(a) The Texas Citrus Pest and Disease Management Corporation, Inc., a Texas nonprofit corporation, shall be recognized by the department as the entity to plan, carry out, and operate suppression programs to manage and control pests and diseases, including the Asian citrus psyllid and citrus greening, in citrus plants in the state under the supervision of the department as provided by this chapter.
(b) The commissioner may terminate the corporation’s designation as the entity recognized to carry out citrus pest and disease control and management by giving 45 days’ written notice to the corporation and by designating a successor entity. If the commissioner designates a successor to the corporation, the successor has all the powers and duties of the corporation under this chapter. Any successor to the corporation 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 corporation with or for the benefit of any financial institution or its predecessor, successor, or assignee.

Terms Used In Texas Agriculture Code 80.002

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Department: means the Department of Agriculture. See Texas Agriculture Code 1.003
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005