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Texas Agriculture Code

§ 54.004 — CAPITAL STOCK REQUIREMENT FOR INCORPORATION

AG § 54.004Title 4. AGRICULTURAL ORGANIZATIONS · Ch. 54. MUTUAL LOAN CORPORATIONS

Statute text

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At the time of filing the articles of incorporation, a corporation formed under this chapter must have fully paid-up capital stock of $10,000 or more.

Legislative history

Acts 1981, 67th Leg., p. 1119, ch. 388, Sec. 1, eff. Sept. 1, 1981.