Texas Statutes
§ 393.611 — MINIMUM ASSETS FOR LICENSE.
Texas § 393.611
JurisdictionTexas
Code FIFinance Code
This text of Texas § 393.611 (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. § 393.611 (2026).
Text
Sec. 393.611. MINIMUM ASSETS FOR LICENSE. A license holder shall maintain net assets used or readily available for use in conducting the business of each of the offices for which a license is held under this subchapter, in an amount that is not less than the lesser of:
(1)$25,000 for each office; or
(2)$2,500,000 in the aggregate.
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Legislative History
Added by Acts 2011, 82nd Leg., R.S., Ch. 1302 (H.B. 2594 ), Sec. 2, eff. January 1, 2012.
Nearby Sections
15
§ 393.001
DEFINITIONS.§ 393.002
PERSONS NOT COVERED.§ 393.003
WAIVER VOID.§ 393.101
REGISTRATION STATEMENT.§ 393.102
UPDATE OF REGISTRATION STATEMENT.§ 393.104
FILING FEE.§ 393.105
DISCLOSURE STATEMENT.§ 393.106
COPY OF DISCLOSURE STATEMENT.§ 393.201
FORM AND TERMS OF CONTRACT.§ 393.202
NOTICE OF CANCELLATION.§ 393.204
BREACH OF CONTRACT.§ 393.221
DEFINITIONS.§ 393.222
POSTING OF FEE SCHEDULE; NOTICES.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 393.611, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/393.611.