Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 15.618 - Limitations on Program(a) The maximum amount of a loan under the linked deposit program is $250,000.(b) The board may withdraw linked deposits from an eligible lending institution if the institution ceases to be either a state depository or a Farm Credit System institution headquartered in this state.Added by Acts 2003, 78th Leg., ch. 200, Sec. 19(d), eff. 9/1/2003; Acts 2003, 78th Leg., ch. 352, Sec. 4, eff. 9/1/2003.