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Tex. Vernon's Texas Civil Statutes art. 1524f

RATE OF RETURN RESTRICTED

Texas · Texas Vernon's Texas Civil Statutes · Status: effective

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Tex. Vernon's Texas Civil Statutes art. 1524f, RATE OF RETURN RESTRICTED, Texas, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/768701
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The governing body fixing the rate of return for a corporation organized under the provisions of Section 1 of this Act shall not fix such rates of return to yield a net amount in excess of eight (8%) per cent upon the invested capital of such corporation.