Finance Code › Title 4 › Chapter 351 › Subchapter D
Texas Finance Code § 351.153
Minimum Assets for License
Property Tax Lenders · License
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.
Official text of the Texas Finance Code as published by the Texas Legislative Council.
Legislative history
Added by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138), Sec. 1, eff. September 1, 2007.
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