Tex. Agric. Code Section 56.003
Assets Represented by Acceptances of Banking Corporations

At any time, the total assets of an agricultural finance corporation that are represented by acceptances of banking corporations not secured by or representing ready marketable, staple, nonperishable agricultural products may not exceed an amount equal to 10 percent of the unimpaired capital of the corporation.
Acts 1981, 67th Leg., p. 1124, ch. 388, Sec. 1, eff. Sept. 1, 1981.

Source: Section 56.003 — Assets Represented by Acceptances of Banking Corporations, https://statutes.­capitol.­texas.­gov/Docs/AG/htm/AG.­56.­htm#56.­003 (accessed Apr. 29, 2024).

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Accessed:
Apr. 29, 2024

§ 56.003’s source at texas​.gov