Texas § 94.002 COMMERCIAL LOANS.

Texas Statutes

§ 94.002 — COMMERCIAL LOANS.

Texas § 94.002

Code FIFinance Code

This text of Texas § 94.002 (COMMERCIAL LOANS.) 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. § 94.002 (2026).

Text

Sec. 94.002. COMMERCIAL LOANS.

(a)Subject to rules adopted by the finance commission, a savings bank may lend or invest not more than 40 percent of the savings bank's total assets in commercial loans.

(b)In this section, "commercial loan" means a loan that:

(1)is for business, commercial, corporate, or agricultural purposes;

(2)is not a real property loan; and

(3)is not a qualified thrift asset under Section 92.204 . SUBCHAPTER B. LOAN EXPENSES

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Sec. 94.002. COMMERCIAL LOANS. (a) Subject to rules adopted by the finance commission, a savings bank may lend or invest not more than 40 percent of the savings bank's total assets in commercial loans.
(b) In this section, "commercial loan" means a loan that:
(1) is for business, commercial, corporate, or agricultural purposes;
(2) is not a real property loan; and
(3) is not a qualified thrift asset under Section 92.204 .
SUBCHAPTER B. LOAN EXPENSES

Legislative History

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 867, Sec. 54, eff. Sept. 1, 2001. Amended by: Acts 2013, 83rd Leg., R.S., Ch. 464 (S.B. 1008 ), Sec. 10, eff. September 1, 2013.