Texas Finance Code

§ 31.003 — BANKING RULES

FI § 31.003Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part A. BANKS · Ch. 31. GENERAL PROVISIONS · Art. A. GENERAL PROVISIONS

Statute text

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(a)The finance commission may adopt rules to accomplish the purposes of this subtitle and Chapters 11, 12, and 13, including rules necessary or reasonable to:

(1)implement and clarify this subtitle and Chapters 11, 12, and 13;

(2)preserve or protect the safety and soundness of state banks;

(3)grant at least the same rights and privileges to state banks that are or may be granted to national banks domiciled in this state;

(4)recover the cost of maintaining and operating the department and the cost of enforcing this subtitle and other applicable law by imposing and collecting ratable and equitable fees for notices, applications, and examinations; and

(5)facilitate the fair hearing and adjudication of matters before the banking commissioner and the finance commission.

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Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 528, Sec. 2, eff. Sept. 1, 2001.