Tex. Agric. Code § 56.005 · Chapter 56. AGRICULTURAL FINANCE CORPORATIONS
INVESTMENT OF CAPITAL.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
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.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1124, 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 ca8a4d6bf7492421a331c49c2427681a13b8d579ae9a1995bc157e80c8153ece
- 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.