An Important Message from TCMA President Linda Wilson

Hi TCMA Members!

This is an outline of the announcement I made at the 2024 Texas Country Music Summit on May 9  at Sawyer Park Icehouse.  I’m sharing it here in case you were not able to be there.

“As a token of my appreciation for your continued support by being a Texas Country Music Association member, I am going to do something very different and probably very unexpected!

As founder and majority owner of the Texas Country Music Association, Inc., I have decided to issue some of my personal shares to TCMA Members, making it a partially member-owned company.

Why am I doing this?   Because as we move forward, I want to ensure that the Texas Country Music Association, Inc. continues to grow and thrive as it has over the past 15 years.  I want this organization to be set up to move forward when and if it is ever time for me to retire, or if something should ever happen to me that makes me incapable of continuing as President.  NO NOTHING is wrong with me.  I do not have any plans to exit anytime soon if ever.  But as I have announced on multiple occasions, as I get older, I feel it is the best and most responsible route to set TCMA up for future success without me.  That means having others involved as shareholders, making it a partially "member-owned" organization.

Here’s how it works:

Each EXISTING TCMA Member will be issued 1 share of Class A Voting stock for every year they have maintained a paid, uninterrupted, non-lapsed membership in the Texas Country Music Association, and 1 share of Class A stock within 90 days of renewal for each subsequent year of paid uninterrupted, non-lapsed membership.  Lapsed Memberships will be issued shares upon renewal in the same fashion however lapsed years will be excluded in calculating the number of shares issued.

Each NEW TCMA Member who has completed their registration and paid an annual membership will be issued 1 share of Class A Voting stock within 90 days of membership registration, and 1 share of Class A stock within 90 days of renewal for each subsequent year of paid uninterrupted, non-lapsed membership.

Example for New Members or Renewing Members After A Lapsed Period:  When you join TCMA for the first time or renew after a period of lapse on an annual membership, you will receive 1 share of Class A Voting stock and 1 share of Class A stock after your 2^nd year renewal, then every year afterward that you maintain a paid uninterrupted, non-lapsed membership.

Example for Existing Members:  If you have been an uninterrupted, non-lapsed paid member for example, 5 years, you will receive 5 shares of Class A Voting stock, and 1 additional share for every subsequent year you maintain an uninterrupted, non-lapsed paid membership.

There is NO cost involved in receiving these shares.  They are a gift from me personally.  If anyone would like to purchase additional Class A Voting shares or Class B Non-Voting shares, please contact me at linda@texascountrymusic.org.

The gifted shares will be issued in the Member’s name who joined and paid the annual membership dues, or in the case of a company or band (LLC or INC) the shares will be issued to the person who joined on behalf of your band or company.  In the case of a band or company “bundle” membership, the gifted shares will be issued to each group member unless otherwise requested by the bundle administrator who paid for the membership.

An acceptance form will be required to receive the gifted shares which will be sent out soon, or you can request one by emailing me.

I want all we do to continue forever and to help you succeed.  It’s kind of corny but Richard and I have a motto:  ‘Our dream is to make Your dream come true.’ ”