95 chapters · 2,156 sections in this title.
Tex. Agriculture Code § 54.001 Purpose
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Sec. 54.001. PURPOSE. A corporation may be formed under this chapter to aid shareholders of its common stock in: (1) producing, or producing and marketing, staple agricultural products; or (2) acquiring, raising, breeding, fattening, or marketing livestock. Acts 1981, 67th Leg., …
Tex. Agriculture Code § 54.002 Powers
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Sec. 54.002. POWERS. (a) A corporation formed under this chapter may make loans to shareholders of its common stock for: (1) the production, or production and marketing, of staple agricultural products; (2) the acquisition, raising, breeding, fattening, or marketing of livestock;…
Tex. Agriculture Code § 54.003 Incorporators
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Sec. 54.003. INCORPORATORS. Ten or more persons, five of whom are citizens of this state, may form a corporation under this chapter. Acts 1981, 67th Leg., p. 1119, ch. 388, Sec. 1, eff. Sept. 1, 1981.
Tex. Agriculture Code § 54.004 Capital Stock Requirement For Incorporation
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Sec. 54.004. CAPITAL STOCK REQUIREMENT FOR INCORPORATION. At the time of filing the articles of incorporation, a corporation formed under this chapter must have fully paid-up capital stock of $10,000 or more. Acts 1981, 67th Leg., p. 1119, ch. 388, Sec. 1, eff. Sept. 1, 1981.