7 Tex. Admin. Code § 12.61

Current through Reg. 49, No. 45; November 8, 2024
Section 12.61 - Calculation of Investment Limit
(a) The term "unimpaired capital and surplus" has the meaning assigned by § RSA 12.2 of this title (relating to Definitions).
(b) For purposes of determining compliance with investment restrictions under Finance Code, Chapter 34, a state bank shall determine its investment limit at the same time and in the same manner as it determines its lending limit under § RSA 12.11 of this title (relating to Calculation of Lending Limits), to be effective at the same time as its lending limit is effective under § RSA 12.11(b) of this title.

7 Tex. Admin. Code § 12.61

The provisions of this §12.61 adopted to be effective September 6, 2007, 32 TexReg 5655