Tex. Agric. Code § 56.001 · Chapter 56. AGRICULTURAL FINANCE CORPORATIONS
DEFINITIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
In this chapter:
(1) "Agricultural finance corporation" means a corporation formed under this chapter.
(2) "Ready marketable, staple, nonperishable agricultural products" means agricultural products that:
(A) are commonly dealt in ready markets so that their values are easily and definitely ascertainable and realized on short notice; and
(B) ordinarily do not substantially depreciate in quality during the period of immaturity of the obligations that are secured by or that represent those products.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1123, 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.56.htm
- Text hash
- sha256 be1fe2c1a17ee79c59f57b2a5c200b438244bd86d2cc8d16c6bd85e1b7ce875d
- 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.