Tex. Agric. Code § 54.007

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
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.

Tex. Agric. Code § 54.007

Acts 1981, 67th Leg., p. 1120, ch. 388, Sec. 1, eff. 9/1/1981.