{"data":{"id":"us-tx/tex.-agriculture-code-56.003","jurisdiction":"us-tx","citation":"Tex. Agriculture Code § 56.003","heading":"ASSETS REPRESENTED BY ACCEPTANCES OF BANKING CORPORATIONS.","body":"At any time, the total assets of an agricultural finance corporation that are represented by acceptances of banking corporations not secured by or representing ready marketable, staple, nonperishable agricultural products may not exceed an amount equal to 10 percent of the unimpaired capital of the corporation.\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#56.003","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:50Z","sha256":"317114d7e755092435507fbe0a01ffb729490eafe072e305a25ba6598e4e68a8","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-agriculture-code-56.002","next":"us-tx/tex.-agriculture-code-56.004"},"notice":"GroundRules: Original legal text. Not legal advice."}
