The document discusses depreciation being deducted before declaring dividends under Texas law. It notes that Texas courts have not ruled on cases related to the wasting asset doctrine, with only one case remotely touching on the topic. There is also some additional unspecified information mentioned.
The document discusses depreciation being deducted before declaring dividends under Texas law. It notes that Texas courts have not ruled on cases related to the wasting asset doctrine, with only one case remotely touching on the topic. There is also some additional unspecified information mentioned.
The document discusses depreciation being deducted before declaring dividends under Texas law. It notes that Texas courts have not ruled on cases related to the wasting asset doctrine, with only one case remotely touching on the topic. There is also some additional unspecified information mentioned.