§ 52.011 Purposes
§ 52.012 Restrictions
§ 52.013 General Powers
§ 52.014 Interest in Other Corporations
§ 52.015 Contracts and Agreements With Other Associations
§ 52.016 Marketing Contract

Terms Used In Texas Agriculture Code Chapter 52 > Subchapter B - Purpose and Powers

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • Month: means a calendar month. See Texas Government Code 312.011
  • United States: includes a department, bureau, or other agency of the United States of America. See Texas Government Code 311.005