Tex. Fin. Code § 182.105
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Periodically the board may vote to designate and record in its minutes the amount of certified surplus. Except to absorb losses in excess of undivided profits and uncertified surplus, certified surplus may not be reduced without the prior written approval of the banking commissioner.
Tex. Fin. Code § 182.105