Texas § AG.55.006 - RATIO OF CAPITAL TO LOANS
Full text of Texas The Texas Constitution § AG.55.006 — RATIO OF CAPITAL TO LOANS, with citation guidance and answers to common questions.
§ AG.55.006. RATIO OF CAPITAL TO LOANS
RATIO OF CAPITAL TO LOANS. (a) The total amount of the outstanding loans or discounts of an association formed under this chapter may not exceed an amount equal to 10 times the amount of the association's paid-up unimpaired capital stock. (b) The articles of incorporation of an association formed under this chapter must state the requirement of Subsection (a) of this section. Acts 1981, 67th Leg., p. 1122, ch. 388, Sec. 1, eff. Sept. 1, 1981.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § AG.55.006
What does The Texas Constitution § AG.55.006 cover?
Section AG.55.006 ("RATIO OF CAPITAL TO LOANS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § AG.55.006?
A common citation format is "The Texas Constitution § AG.55.006" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § AG.55.006 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.