Tex. Fin. Code § 393.611

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 393.611 - Minimum Assets for License

A license holder shall maintain net assets used or readily available for use in conducting the business of each of the offices for which a license is held under this subchapter, in an amount that is not less than the lesser of:

(1) $25,000 for each office; or

(2) $2,500,000 in the aggregate.

Tex. Fin. Code § 393.611

Added by Acts 2011, 82nd Leg., R.S., Ch. 1302, Sec. 2, eff. 1/1/2012.