Tex. Fin. Code § 273.302
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
The aggregate amount of securities of any type a member association may be required to purchase under Section 273.301 may not exceed an amount equal to two percent of the total assets of the association as shown on the association's annual statement filed with the commissioner as required by law for the calendar year preceding the date of the required purchase.
Tex. Fin. Code § 273.302