Tex. Fin. Code § 184.401

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 184.401 - Borrowing Limit

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.

Tex. Fin. Code § 184.401

Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. 9/1/1999.