{"data":{"id":"us-tx/tex.-finance-code-273.302","jurisdiction":"us-tx","citation":"Tex. Finance Code § 273.302","heading":"AMOUNT OF SECURITY PURCHASE.","body":"The aggregate amount of securities of any type a member association may be required to purchase under Section 273.301 may not exceed an amount equal to two percent of the total assets of the association as shown on the association's annual statement filed with the commissioner as required by law for the calendar year preceding the date of the required purchase.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE Z. MISCELLANEOUS PROVISIONS RELATING TO FINANCIAL INSTITUTIONS AND BUSINESSES","CHAPTER 273. SAVINGS AND LOAN SUPPLEMENTAL FUND ACT","SUBCHAPTER D. PRIMARY AND ADMINISTRATIVE ACCOUNTS; ISSUANCE OF SECURITIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.273.htm#273.302","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"4ebe83aa120b676815e35db64becd32cef17cc20706606bd569dd2260286e50c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-273.301","next":"us-tx/tex.-finance-code-273.303"},"notice":"GroundRules: Original legal text. Not legal advice."}