{"data":{"id":"us-tx/tex.-finance-code-92.205","jurisdiction":"us-tx","citation":"Tex. Finance Code § 92.205","heading":"COMPUTATION OF INCOME.","body":"(a) A savings bank shall close its books at the times provided by its bylaws to determine its gross income for the period since the date of the last closing of its books.\n(b) A savings bank's net income for a period is computed by subtracting the amount of the savings bank's operating expenses for the period from the savings bank's gross income for the period.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE C. SAVINGS BANKS","CHAPTER 92. ORGANIZATIONAL AND FINANCIAL REQUIREMENTS","SUBCHAPTER E. OPERATIONS AND FINANCES"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.92.htm#92.205","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"f6047c0987e82e4eb92209cac1d10285e7fec22bc68d6522f1a717d28617ce16","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-92.204","next":"us-tx/tex.-finance-code-92.206"},"notice":"GroundRules: Original legal text. Not legal advice."}