Tex. Agric. Code § 56.005

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 56.005 - Investment of Capital

At all times, an agricultural finance corporation shall have one-half or more of its paid-in capital invested in obligations of the United States, this state, or political subdivisions or incorporated cities of this state.

Tex. Agric. Code § 56.005

Acts 1981, 67th Leg., p. 1124, ch. 388, Sec. 1, eff. 9/1/1981.