Tex. Fin. Code § 351.153

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 351.153 - Minimum Assets for License

A license holder shall maintain for each office for which a license is held net assets of at least $25,000 that are used or readily available for use in conducting the business of that office.

Tex. Fin. Code § 351.153

Added by Acts 2007, 80th Leg., R.S., Ch. 1220, Sec. 1, eff. 9/1/2007.