§ 52.061 Stock
§ 52.062 Issuance of Membership Certificates
§ 52.063 Issuance of Shares
§ 52.064 Common Stock
§ 52.065 Preferred Stock
§ 52.066 Stock Issued On Purchase of Property

Terms Used In Texas Agriculture Code Chapter 52 > Subchapter E - Membership Certificates and Stock

  • Annual percentage rate: The cost of credit at a yearly rate. It is calculated in a standard way, taking the average compound interest rate over the term of the loan so borrowers can compare loans. Lenders are required by law to disclose a card account's APR. Source: FDIC
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Finance charge: The total cost of credit a customer must pay on a consumer loan, including interest. The Truth in Lending Act requires disclosure of the finance charge. Source: OCC
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Property: means real and personal property. See Texas Government Code 311.005