Texas Finance Code

§ 97.001 — RULES

FI § 97.001Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part C. SAVINGS BANKS · Ch. 97. HOLDING COMPANIES · Art. A. GENERAL PROVISIONS APPLICABLE TO HOLDING COMPANIES

Statute text

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(a)The finance commission shall adopt rules:

(1)providing for the registration of and reporting by holding companies;

(2)setting limitations on the activities and investments of holding companies; and

(3)concerning other matters as appropriate under this chapter.

(b)The finance commission may adopt rules governing transactions between a subsidiary savings bank of a holding company and an affiliate of the subsidiary.

Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 867, Sec. 63, eff. Sept. 1, 2001.