{"data":{"id":"us-tx/tex.-finance-code-273.308","jurisdiction":"us-tx","citation":"Tex. Finance Code § 273.308","heading":"LIMITATION ON ISSUANCE OF SECURITIES.","body":"When the balance of the administrative account reaches the greater of $50 million or five percent of the balance of the primary account, the corporation shall stop issuing securities until the balance of the administrative account is less than $50 million or five percent of the balance of the primary account, as appropriate.\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#273.308","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"8bb000758c761c3c4f470aff32bcc780f4815f58fdce89ec2bdfffc917e9471b","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-273.307","next":"us-tx/tex.-finance-code-273.401"},"notice":"GroundRules: Original legal text. Not legal advice."}