Texas Agriculture Code 56.004 – Capital Stock
Current as of: 2024 | Check for updates
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Terms Used In Texas Agriculture Code 56.004
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
At all times an agricultural finance corporation shall have authorized capital stock in the amount of $500,000 or more.