Sec. 228.156. LIMIT ON QUALIFIED INVESTMENT

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A certified capital company may not make a qualified investment at a cost to the company that is greater than 15 percent of the company's total certified capital at the time of investment.

Added by Acts 2007, 80th Leg., R.S., Ch. 730 , Sec. 1B.001, eff. April 1, 2009.

                    
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