Tex. Fin. Code § 273.308

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 273.308 - Limitation on Issuance of Securities

When the balance of the administrative account reaches the greater of $50 million or five percent of the balance of the primary account, the corporation shall stop issuing securities until the balance of the administrative account is less than $50 million or five percent of the balance of the primary account, as appropriate.

Tex. Fin. Code § 273.308

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.