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

Tex. Finance Code § 351.153: MINIMUM ASSETS FOR LICENSE.

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Where this section sits in the code
  1. FINANCE CODE
  2. TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS
  3. SUBTITLE B. LOANS AND FINANCED TRANSACTIONS
  4. CHAPTER 351. PROPERTY TAX LENDERS
  5. SUBCHAPTER D. LICENSE

A license holder shall maintain for each office for which a license is held net assets of at least $25,000 that are used or readily available for use in conducting the business of that office.

Added by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.

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

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