Tex. Fin. Code § 184.401 · Subchapter E. LIABILITIES AND PLEDGE OF ASSETS
BORROWING LIMIT.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
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.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.184.htm
- Text hash
- sha256 02234fb7b57f206a7d09b133b03669e326e83f2c63ddda12b6a39003529f80d6
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
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