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TITLE 7BANKING AND SECURITIES
PART 2TEXAS DEPARTMENT OF BANKING
CHAPTER 12LOANS AND INVESTMENTS
SUBCHAPTER CINVESTMENT LIMITS
RULE §12.61Calculation of Investment Limit

(a) The term "unimpaired capital and surplus" has the meaning assigned by §12.2 of this title (relating to Definitions).

(b) For purposes of determining compliance with investment restrictions under Finance Code, Chapter 34, a state bank shall determine its investment limit at the same time and in the same manner as it determines its lending limit under §12.11 of this title (relating to Calculation of Lending Limits), to be effective at the same time as its lending limit is effective under §12.11(b) of this title.


Source Note: The provisions of this §12.61 adopted to be effective September 6, 2007, 32 TexReg 5655

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