BORROWING LIMIT.
Tex. FIN Code § 184.401.
in effectExcept 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.
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.
