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95 chapters · 2,156 sections in this title.
Tex. Agriculture Code § 55.001 Powers
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Sec. 55.001. POWERS. An association formed under this chapter may: (1) borrow money for and lend money to its members; (2) discount, rediscount, endorse, purchase, or sell notes, bills, or other evidences of indebtedness of its members that may be discounted or rediscounted under…
Tex. Agriculture Code § 55.002 Incorporators
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Sec. 55.002. INCORPORATORS. (a) Ten or more persons who fulfill the requirements of Subsection (b) of this section may organize a private cooperative credit association. (b) To be eligible to be an incorporator a person must: (1) be a citizen of this state; and (2) be engaged in …
Tex. Agriculture Code § 55.003 Articles of Incorporation
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Sec. 55.003. ARTICLES OF INCORPORATION. In addition to the requirements prescribed by the general corporation laws of the state, the articles of incorporation of an association formed under this chapter must state that the association may not obtain loans for, make loans to, purc…
Tex. Agriculture Code § 55.004 Capital Stock
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Sec. 55.004. CAPITAL STOCK. (a) Except as provided by Subsection (b) of this section, an association may be organized under this chapter with or without capital stock. (b) If an association formed under this chapter is organized to lend money secured by chattel mortgages on lives…