Tex. Agric. Code § 54.001 · Chapter 54. MUTUAL LOAN CORPORATIONS

PURPOSE.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

A corporation may be formed under this chapter to aid shareholders of its common stock in:

(1) producing, or producing and marketing, staple agricultural products; or

(2) acquiring, raising, breeding, fattening, or marketing livestock.

Notes and commentary — not statutory text

History

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

Source of truth

Edition: Current through the 89th 2nd Called Legislative Session, 2025
Official file: https://statutes.capitol.texas.gov/Docs/AG/htm/AG.54.htm
Text hash: sha256 c1e9472424f906605edabe1ed740d96ffac44edc49d3368c9a483c4a1dd4dd4e
Composed by: compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.