Texas § FI.94.001 - LOANS TO ONE BORROWER

Full text of Texas The Texas Constitution § FI.94.001 — LOANS TO ONE BORROWER, with citation guidance and answers to common questions.

§ FI.94.001. LOANS TO ONE BORROWER

LOANS TO ONE BORROWER. (a) The finance commission by rule may limit loans to one borrower. Those limits may not be less restrictive than the limits imposed on savings associations under Section 5(u), Home Owners' Loan Act (12 U.S.C. Section 1464(u)). (b) A savings bank may not make loans to one borrower to a greater extent than: (1) permitted by rule adopted under Subsection (a); or (2) a savings association is permitted under Section 5(u), Home Owners' Loan Act (12 U.S.C. Section 1464(u)). Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 867, Sec. 53, eff. Sept. 1, 2001.

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Frequently Asked Questions About Texas § FI.94.001

What does The Texas Constitution § FI.94.001 cover?

Section FI.94.001 ("LOANS TO ONE BORROWER") 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 § FI.94.001?

A common citation format is "The Texas Constitution § FI.94.001" (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 § FI.94.001 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.