Texas Statutes
Title 4 - Agricultural Organizations
Chapter 54 - Mutual Loan Corporations

Section 54.001. Purpose - Sec. 54.001. PURPOSE. A corporation may be formed under this...

Section 54.002. Powers - Sec. 54.002. POWERS. (a) A corporation formed under this chapter...

Section 54.003. Incorporators - Sec. 54.003. INCORPORATORS. Ten or more persons, five of whom...

Section 54.004. Capital Stock Requirement for Incorporation - Sec. 54.004. CAPITAL STOCK REQUIREMENT FOR INCORPORATION. At the time...

Section 54.005. Capital Stock - Sec. 54.005. CAPITAL STOCK. (a) The incorporators or the board...

Section 54.006. Investment by Other Corporations - Sec. 54.006. INVESTMENT BY OTHER CORPORATIONS. After obtaining the approval...

Section 54.007. Investment of Capital - Sec. 54.007. INVESTMENT OF CAPITAL. At all times, a corporation...

Section 54.008. Ratio of Capital to Loans - Sec. 54.008. RATIO OF CAPITAL TO LOANS. (a) A corporation...

Section 54.009. Loans and Discounts - Sec. 54.009. LOANS AND DISCOUNTS. (a) Except as provided by...

Section 54.010. Liability of Shareholder - Sec. 54.010. LIABILITY OF SHAREHOLDER. (a) Except for debts contracted...

Section 54.011. Repurchase of Stock - Sec. 54.011. REPURCHASE OF STOCK. (a) A corporation formed under...

Section 54.012. Reports - Sec. 54.012. REPORTS. Before January 11 and July 11 of...

Section 54.013. Exemption From Franchise Tax - Sec. 54.013. EXEMPTION FROM FRANCHISE TAX. Corporations formed under this...