Tex. Agric. Code § 55.003 · Chapter 55. COOPERATIVE CREDIT ASSOCIATIONS
ARTICLES OF INCORPORATION.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
In addition to the requirements prescribed by the general corporation laws of the state, the articles of incorporation of an association formed under this chapter must state that the association may not obtain loans for, make loans to, purchase notes from, or discount notes for a person who is not a member of the association.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1122, 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.55.htm
- Text hash
- sha256 d11c6d553e9ec4999d73eacd9870d3af4d68ca06cd46d108235db7cd6b97fc43
- 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.