Tex. Agriculture Code § 56.001
This is the official text of Tex. Agriculture Code § 56.001, part of Texas’s Agriculture Code — regulates farming, livestock, and agricultural commerce.
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§ 56.001. DEFINITIONS.
Official statutory text
In this chapter:
(1) "Agricultural finance corporation" means a corporation formed under this chapter.
(2) "Ready marketable, staple, nonperishable agricultural products" means agricultural products that:
(A) are commonly dealt in ready markets so that their values are easily and definitely ascertainable and realized on short notice; and
(B) ordinarily do not substantially depreciate in quality during the period of immaturity of the obligations that are secured by or that represent those products.
(1) "Agricultural finance corporation" means a corporation formed under this chapter.
(2) "Ready marketable, staple, nonperishable agricultural products" means agricultural products that:
(A) are commonly dealt in ready markets so that their values are easily and definitely ascertainable and realized on short notice; and
(B) ordinarily do not substantially depreciate in quality during the period of immaturity of the obligations that are secured by or that represent those products.
Status: in_force · Read it on the official government site
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