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HB 545, 40th R.S.

Relating to requiring State Banks and State Bank and Trust Companies to increase their capital stock when there shall be an undue excess of deposits over capital stock and surplus, and giving the Banking Commissioner authority to require an additional increase of capital stock of such corporations when necessary for the protection of depositors.

Author: Melville Clyde Parrish, Sr.
Coauthor: John A. Long | Merritt Hamilton Gibson

Session Law Chapter:
Acts 1927, 40th R.S.,ch. 136, General and Special Laws of Texas

Subjects:
Financial--Banks

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