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    • Legislation USA
    • Texas Statutes
    • Agriculture Code
    • Title 4 - Agricultural Organizations
    • Chapter 54 - Mutual Loan Corporations
    • Section 54.003. Incorporators

    Texas Statutes
    Chapter 54 - Mutual Loan Corporations
    Section 54.003. Incorporators

    Sec. 54.003. INCORPORATORS. Ten or more persons, five of whom are citizens of this state, may form a corporation under this chapter.
    Acts 1981, 67th Leg., p. 1119, ch. 388, Sec. 1, eff. Sept. 1, 1981.

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    Structure Texas Statutes

    Texas Statutes

    Agriculture Code

    Title 4 - Agricultural Organizations

    Chapter 54 - Mutual Loan Corporations

    Section 54.001. Purpose

    Section 54.002. Powers

    Section 54.003. Incorporators

    Section 54.004. Capital Stock Requirement for Incorporation

    Section 54.005. Capital Stock

    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

    Section 54.011. Repurchase of Stock

    Section 54.012. Reports

    Section 54.013. Exemption From Franchise Tax

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