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TITLE 7 - BANKING AND SECURITIES
PART 4 - DEPARTMENT OF SAVINGS AND MORTGAGE LENDING
CHAPTER 75 - SAVINGS BANKS
SUBCHAPTER D - LOANS, INVESTMENTS, SAVINGS, AND DEPOSITS
SECTION/RULE §75.303 - Non-Real Estate Commercial Loans
Chapter Review Date 08/22/2022

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.

Source Note: The provisions of this §75.303 adopted to be effective November 20, 2022, 47 TexReg 7535.

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