Finance Code › Title 3 › Chapter 184 › Subchapter E

Texas Finance Code § 184.401

Borrowing Limit

Investments, Loans, and Deposits · Liabilities and Pledge of Assets

Except with the prior written approval of the banking commissioner, a state trust company may not have outstanding liabilities, excluding trust deposit liabilities arising under Section 184.301, that exceed an amount equal to five times its restricted capital.

Official text of the Texas Finance Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.

This section refers to

§ 184.301