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Tex. Finance Code § 93.004

POWER TO BORROW

Texas · Texas Finance Code · Status: effective

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Tex. Finance Code § 93.004, POWER TO BORROW, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645677
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(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.