7 Tex. Admin. Code § 75.325

Current through Reg. 49, No. 45; November 8, 2024
Section 75.325 - Subsidiary Investment and Debt Limitation

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 bank's total assets without prior approval.

7 Tex. Admin. Code § 75.325

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