RATE OF RETURN RESTRICTED
Vernon's Civil Statutes
Art. 1524f. RATE OF RETURN RESTRICTED. 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. Acts 1932, 42nd Leg., 3rd C.S., p. 107, ch. 42, Sec. 5.
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