Texas Finance Code

§ 37.001 — DEFINITION

FI § 37.001Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part A. BANKS · Ch. 37. EMERGENCIES

Statute text

In this chapter, "emergency" means a condition or occurrence that may interfere physically with the conduct of normal business at the offices of a bank or with the conduct of a particular bank operation, or that poses an imminent or existing threat to the safety or security of persons or property, including:

(1)fire, flood, earthquake, hurricane, tornado, or wind, rain, or snow storm;

(2)labor dispute or strike;

(3)power failure, transportation failure, or interruption of communication facilities;

(4)shortage of fuel, housing, food, transportation, or labor;

(5)robbery, burglary, or attempted robbery or burglary;

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Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.