{"data":{"id":"us-tx/tex.-finance-code-94.002","jurisdiction":"us-tx","citation":"Tex. Finance Code § 94.002","heading":"COMMERCIAL LOANS.","body":"(a) Subject to rules adopted by the finance commission, a savings bank may lend or invest not more than 40 percent of the savings bank's total assets in commercial loans.\n(b) In this section, \"commercial loan\" means a loan that:\n(1) is for business, commercial, corporate, or agricultural purposes;\n(2) is not a real property loan; and\n(3) is not a qualified thrift asset under Section 92.204.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 867, Sec. 54, eff. Sept. 1, 2001.\nAmended by:\nActs 2013, 83rd Leg., R.S., Ch. 464 (S.B. 1008), Sec. 10, eff. September 1, 2013.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE C. SAVINGS BANKS","CHAPTER 94. LOANS AND INVESTMENTS","SUBCHAPTER A. LIMITATIONS ON LOANS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.94.htm#94.002","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"cb7033adb5a55e8f56665fe6141faaadb205d7c929a18bc98b724b1bb7f8f2ec","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-94.001","next":"us-tx/tex.-finance-code-94.051"},"notice":"GroundRules: Original legal text. Not legal advice."}