Texas Statutes
§ 351.153 — MINIMUM ASSETS FOR LICENSE.
Texas § 351.153
JurisdictionTexas
Code FIFinance Code
This text of Texas § 351.153 (MINIMUM ASSETS FOR LICENSE.) 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. § 351.153 (2026).
Text
Sec. 351.153. MINIMUM ASSETS FOR LICENSE. A license holder shall maintain for each office for which a license is held net assets of at least $25,000 that are used or readily available for use in conducting the business of that office.
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Legislative History
Added by Acts 2007, 80th Leg., R.S., Ch. 1220 (H.B. 2138 ), Sec. 1, eff. September 1, 2007.
Nearby Sections
15
§ 351.001
SHORT TITLE.§ 351.002
DEFINITIONS.§ 351.0021
AUTHORIZED CHARGES.§ 351.0022
WAIVER PROHIBITED.§ 351.0023
SOLICITATION OF LOANS; NOTICE.§ 351.003
SECONDARY MARKET TRANSACTIONS.§ 351.004
AFFILIATED BUSINESS ARRANGEMENTS.§ 351.005
APPLICATION OF TAX CODE.§ 351.006
ENFORCEMENT.§ 351.007
RULES.§ 351.009
GENERAL INVESTIGATION.§ 351.011
VERIFICATION OF NET ASSETS.§ 351.012
APPLICABILITY OF CHAPTER.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 351.153, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/351.153.