7 Tex. Admin. Code § 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.

Notes

7 Tex. Admin. Code § 75.303
Adopted by Texas Register, Volume 47, Number 45, November 11, 2022, TexReg 7550, eff. 11/20/2022

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