Tex. Agric. Code Section 54.006
Investment by Other Corporations


After obtaining the approval of the banking commissioner, any corporation organized under the laws of this state other than a savings bank may invest any part of its money in the preferred stock of a corporation formed under this chapter.
Acts 1981, 67th Leg., p. 1120, ch. 388, Sec. 1, eff. Sept. 1, 1981.

Source: Section 54.006 — Investment by Other Corporations, https://statutes.­capitol.­texas.­gov/Docs/AG/htm/AG.­54.­htm#54.­006 (accessed Apr. 29, 2024).

Accessed:
Apr. 29, 2024

§ 54.006’s source at texas​.gov