Tex. Fin. Code § 94.002 · Subchapter A. LIMITATIONS ON LOANS
COMMERCIAL LOANS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Subject to rules adopted by the finance commission, a savings bank may lend or invest not more than 40 percent of the savings bank's total assets in commercial loans.
(b) In this section, "commercial loan" means a loan that:
(1) is for business, commercial, corporate, or agricultural purposes;
(2) is not a real property loan; and
(3) is not a qualified thrift asset under Section 92.204.
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. 54, eff. Sept. 1, 2001.
Amended by:
Acts 2013, 83rd Leg., R.S., Ch. 464 (S.B. 1008), Sec. 10, eff. September 1, 2013.
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 ae3482d072ec04b4d11f629be88c6cb535de7f8c3bec71ec842f57dd49ff59e5
- 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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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.