Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 184.401: BORROWING LIMIT.

Where this section sits in the code

FINANCE CODE
TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
SUBTITLE F. TRUST COMPANIES
CHAPTER 184. INVESTMENTS, LOANS, AND DEPOSITS
SUBCHAPTER E. LIABILITIES AND PLEDGE OF ASSETS

Except with the prior written approval of the banking commissioner, a state trust company may not have outstanding liabilities, excluding trust deposit liabilities arising under Section 184.301, that exceed an amount equal to five times its restricted capital.

Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.

Collected 2026-08-27T01:47:13Z. Source file · JSON

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