7 Tex. Admin. Code § 75.303

Current through Reg. 49, No. 45; November 8, 2024
Section 75.303 - Non-Real Estate Commercial Loans

A savings bank may lend and invest not more than 40% of its total assets in non-real estate commercial loans for business, corporate, or agricultural purposes. The amount of each letter of credit or other unfunded commitment to make a non-real estate commercial loan must be included in computing this limitation.

7 Tex. Admin. Code § 75.303

Adopted by Texas Register, Volume 47, Number 45, November 11, 2022, TexReg 7550, eff. 11/20/2022