{"data":{"id":"us-tx/tex.-finance-code-93.004","jurisdiction":"us-tx","citation":"Tex. Finance Code § 93.004","heading":"POWER TO BORROW.","body":"(a) A savings bank may borrow and give security, subject to rules adopted by the finance commission.\n(b) A savings bank at any time through action of its board may issue a capital note, debenture, or other capital obligation authorized by rules adopted by the finance commission.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 867, Sec. 51, eff. Sept. 1, 2001.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE C. SAVINGS BANKS","CHAPTER 93. GENERAL POWERS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.93.htm#93.004","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"cce5f8db15aebefc2f2fe197d88bca200b7b6b83c3519618b741a29c1b579519","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-93.003","next":"us-tx/tex.-finance-code-93.005"},"notice":"GroundRules: Original legal text. Not legal advice."}
