Tex. Fin. Code 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 (Trust Deposits), that exceed an amount equal to five times its restricted capital.
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.

Source: Section 184.401 — Borrowing Limit, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­184.­htm#184.­401 (accessed May 11, 2024).

Accessed:
May 11, 2024

§ 184.401’s source at texas​.gov