Texas Agriculture Code

§ 56.005 — INVESTMENT OF CAPITAL

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

AG § 56.005Title 4. AGRICULTURAL ORGANIZATIONS · Ch. 56. AGRICULTURAL FINANCE CORPORATIONS

Statute text

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At all times, an agricultural finance corporation shall have one-half or more of its paid-in capital invested in obligations of the United States, this state, or political subdivisions or incorporated cities of this state.

Legislative history

Acts 1981, 67th Leg., p. 1124, ch. 388, Sec. 1, eff. Sept. 1, 1981.