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Sec. 56.004. CAPITAL STOCK. At all times an agricultural finance corporation shall have authorized capital stock in the amount of $500,000 or more. Acts 1981, 67th Leg., p. 1124, ch. 388, Sec. 1, eff. Sept. 1, 1981.
Structure Texas Statutes
Texas Statutes
Agriculture Code
Title 4 - Agricultural Organizations
Chapter 56 - Agricultural Finance Corporations
Section 56.001. Definitions
Section 56.002. Purpose
Section 56.003. Assets Represented by Acceptances of Banking Corporations
Section 56.004. Capital Stock
Section 56.005. Investment of Capital
Section 56.006. Limit of Indebtedness
Section 56.007. Stock Ownership
Section 56.008. Regulation by Banking Commissioner