Texas Statutes
§ 93.004 — POWER TO BORROW.
Texas § 93.004
JurisdictionTexas
Code FIFinance Code
This text of Texas § 93.004 (POWER TO BORROW.) 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. § 93.004 (2026).
Text
Sec. 93.004. POWER TO BORROW.
(a)A savings bank may borrow and give security, subject to rules adopted by the finance commission.
(b)A savings bank at any time through action of its board may issue a capital note, debenture, or other capital obligation authorized by rules adopted by the finance commission.
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Legislative History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 867, Sec. 51, eff. Sept. 1, 2001.
Nearby Sections
12
§ 93.001
GENERAL CORPORATE POWERS.§ 93.002
ENLARGEMENT OF POWERS.§ 93.003
POWERS OF FEDERAL SAVINGS BANK.§ 93.004
POWER TO BORROW.§ 93.005
FISCAL AGENT.§ 93.007
TRUST POWERS.§ 93.009
RIGHT TO ACT TO AVOID LOSS.§ 93.010
CLOSING PLACE OF BUSINESS.§ 93.011
EMERGENCY CLOSING.§ 93.012
EFFECT OF CLOSING.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 93.004, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/93.004.