This is a clone of the Texas Administrative Code (TAC) for educational purposes. It is not the official version and should not be used for legal purposes. Site created Wed, 21 May 2025 21:16:37 GMT

Home > Title 7 > Part 2 > Chapter 12 >Subchapter C > Rule 12.61
TITLE 7 - BANKING AND SECURITIES
PART 2 - TEXAS DEPARTMENT OF BANKING
CHAPTER 12 - LOANS AND INVESTMENTS
SUBCHAPTER C - INVESTMENT LIMITS
SECTION/RULE §12.61 - Calculation of Investment Limit
Chapter Review Date 06/16/2023

(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.

Source Note: The provisions of this §12.61 adopted to be effective September 6, 2007, 32 TexReg 5655.

View Official Rule