Tex. Agric. Code § 54.006 · Chapter 54. MUTUAL LOAN CORPORATIONS
INVESTMENT BY OTHER CORPORATIONS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
After obtaining the approval of the banking commissioner, any corporation organized under the laws of this state other than a savings bank may invest any part of its money in the preferred stock of a corporation formed under this chapter.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1120, 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 10ae77ff09bd71d7ebb815f09fc95826267b0324a192fd8049d9e481cdcc4c50
- 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.