Rate of Return Restricted

Tex. Vernon's Civil Statutes art. 1524f, under Trust Companies and Investments.

Tex. Vernon's Civil Statutes art. 1524f

Art. 1524f. RATE OF RETURN RESTRICTED. The governing body fixing the rate of return for a corporation organized under the provisions of Section 1 of this Act shall not fix such rates of return to yield a net amount in excess of eight (8%) per cent upon the invested capital of such corporation. Acts 1932, 42nd Leg., 3rd C.S., p. 107, ch. 42, Sec. 5.