{"data":{"id":"us-tx/tex.-finance-code-351.153","jurisdiction":"us-tx","citation":"Tex. Finance Code § 351.153","heading":"MINIMUM ASSETS FOR LICENSE.","body":"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.\nAdded by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.","path":["FINANCE CODE","TITLE 4. REGULATION OF INTEREST, LOANS, AND FINANCED TRANSACTIONS","SUBTITLE B. LOANS AND FINANCED TRANSACTIONS","CHAPTER 351. PROPERTY TAX LENDERS","SUBCHAPTER D. LICENSE"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.351.htm#351.153","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"4453d06fc21233003908d05965781457af619f551b915108f38cfc528622a216","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-351.152","next":"us-tx/tex.-finance-code-351.1535"},"notice":"GroundRules: Original legal text. Not legal advice."}