7 Tex. Admin. Code § 12.61 - Calculation of Investment Limit
(a) The term "unimpaired capital and surplus" has the meaning assigned by §
12.2 of this title (relating to Definitions).
(b) For purposes of determining compliance with investment restrictions under Finance Code, Chapter 34, a state bank shall determine its investment limit at the same time and in the same manner as it determines its lending limit under §
12.11 of this title (relating to Calculation of Lending Limits), to be effective at the same time as its lending limit is effective under §
12.11(b) of this title.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.