Tex. Fin. Code § 94.001 · Subchapter A. LIMITATIONS ON LOANS
LOANS TO ONE BORROWER.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The finance commission by rule may limit loans to one borrower. Those limits may not be less restrictive than the limits imposed on savings associations under Section 5(u), Home Owners' Loan Act (12 U.S.C. Section 1464(u)).
(b) A savings bank may not make loans to one borrower to a greater extent than:
(1) permitted by rule adopted under Subsection (a); or
(2) a savings association is permitted under Section 5(u), Home Owners' Loan Act (12 U.S.C. Section 1464(u)).
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. 53, 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.94.htm
- Text hash
- sha256 e72f8efd4ae419a33c4677cbb3eb6ec35f17b1936f644dd8369ab0347acbcddc
- 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.