7 Tex. Admin. Code § 60.325
Current through Reg. 49, No. 45; November 8, 2024
Investment in subsidiaries is deemed to include investment in the subsidiary's capital stock, paid-in capital, subordinated debentures, unsecured loans, advances, contingencies, and other obligations (excluding secured conforming loans), and may not, in the aggregate, exceed 10% of the savings association's total assets without prior approval.
7 Tex. Admin. Code § 60.325