Tex. Fin. Code § 62.152 · Subchapter D. OPERATIONS AND FINANCES
MINIMUM NET WORTH REQUIREMENT.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
An association shall meet minimum net worth requirements prescribed by rule of the finance commission.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 867, Sec. 25, eff. Sept. 1, 2001.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.62.htm
- Text hash
- sha256 6e26033e13e132dd85a738464572de17abfb40a56a47d8b1f0afc22a21944f74
- 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
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.