Sec. 54.001. PURPOSE. A corporation may be formed under this chapter to aid shareholders of its common stock in:
(1) producing, or producing and marketing, staple agricultural products; or
(2) acquiring, raising, breeding, fattening, or marketing livestock.
Acts 1981, 67th Leg., p. 1119, ch. 388, Sec. 1, eff. Sept. 1, 1981.
Structure Texas Statutes
Title 4 - Agricultural Organizations
Chapter 54 - Mutual Loan Corporations
Section 54.004. Capital Stock Requirement for Incorporation
Section 54.006. Investment by Other Corporations
Section 54.007. Investment of Capital
Section 54.008. Ratio of Capital to Loans
Section 54.009. Loans and Discounts
Section 54.010. Liability of Shareholder