Texas Agriculture Code Chapter 52 > Subchapter E – Membership Certificates and Stock
Current as of: 2024 | Check for updates
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§ 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