Tex. Agric. Code Section 54.007
Investment of Capital


At all times, a corporation formed under this chapter shall have $10,000 or more of its capital invested in securities approved by law for investment by savings banks.
Acts 1981, 67th Leg., p. 1120, ch. 388, Sec. 1, eff. Sept. 1, 1981.

Source: Section 54.007 — Investment of Capital, https://statutes.­capitol.­texas.­gov/Docs/AG/htm/AG.­54.­htm#54.­007 (accessed Apr. 29, 2024).

Accessed:
Apr. 29, 2024

§ 54.007’s source at texas​.gov