{"data":{"id":"us-tx/tex.-agriculture-code-56.002","jurisdiction":"us-tx","citation":"Tex. Agriculture Code § 56.002","heading":"PURPOSE.","body":"An agricultural finance corporation may be organized to deal in:\n(1) acceptances and other receipts that are used to aid or are issued because of the transportation, warehousing, distribution, or financing of ready marketable, staple, nonperishable agricultural products in domestic and foreign trade; and\n(2) acceptances of banking corporations not secured by or representing any ready marketable, staple, nonperishable agricultural products.\nActs 1981, 67th Leg., p. 1124, ch. 388, Sec. 1, eff. Sept. 1, 1981.","path":["AGRICULTURE CODE","TITLE 4. AGRICULTURAL ORGANIZATIONS","CHAPTER 56. AGRICULTURAL FINANCE CORPORATIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/AG/htm/AG.56.htm#56.002","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:50Z","sha256":"af777f520064c7eadbc07e175011bd36d67e8ab658fc33063eee8a8935f86e3e","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-agriculture-code-56.001","next":"us-tx/tex.-agriculture-code-56.003"},"notice":"GroundRules: Original legal text. Not legal advice."}