Tex. Finance Code § 93.004
This is the official text of Tex. Finance Code § 93.004, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 93.004. POWER TO BORROW.
Official statutory text
(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.
(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.
Status: in_force · Read it on the official government site
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