{"data":{"id":"us-tx/tex.-finance-code-182.105","jurisdiction":"us-tx","citation":"Tex. Finance Code § 182.105","heading":"BOARD DESIGNATION OF CERTIFIED SURPLUS.","body":"Periodically the board may vote to designate and record in its minutes the amount of certified surplus. Except to absorb losses in excess of undivided profits and uncertified surplus, certified surplus may not be reduced without the prior written approval of the banking commissioner.\nAdded by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE F. TRUST COMPANIES","CHAPTER 182. POWERS, ORGANIZATION, AND FINANCIAL REQUIREMENTS","SUBCHAPTER B. AMENDMENT OF CERTIFICATE; CHANGES IN CAPITAL AND SURPLUS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.182.htm#182.105","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"a0f9a633009b68d2bc664ba8d0d4f9aced972c717d777067a38dfb913cd5b7b4","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-182.104","next":"us-tx/tex.-finance-code-182.201"},"notice":"GroundRules: Original legal text. Not legal advice."}