Texas Statutes
§ 182.105 — BOARD DESIGNATION OF CERTIFIED SURPLUS.
Texas § 182.105
JurisdictionTexas
Code FIFinance Code
This text of Texas § 182.105 (BOARD DESIGNATION OF CERTIFIED SURPLUS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Finance Code Code Ann. § 182.105 (2026).
Text
Sec. 182.105. BOARD DESIGNATION OF CERTIFIED SURPLUS. Periodically the board may vote to designate and record in its minutes the amount of certified surplus. Except to absorb losses in excess of undivided profits and uncertified surplus, certified surplus may not be reduced without the prior written approval of the banking commissioner.
SUBCHAPTER C. STATE TRUST COMPANY OFFICES
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.
Nearby Sections
15
§ 182.006
ISSUANCE OF CHARTER.§ 182.007
DEADLINE TO BEGIN BUSINESS.§ 182.008
RESTRICTED CAPITAL.§ 182.010
PARITY.§ 182.0105
FINANCIAL ACTIVITIES.§ 182.012
APPLICATION FOR EXEMPTION.§ 182.014
LIMITATION ON EFFECT OF EXEMPTION.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 182.105, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/182.105.