Texas Finance Code - Section 32.201. Conduct Of The Business Of Banking
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§ 32.201. CONDUCT OF THE BUSINESS OF BANKING. (a) A state
bank may engage in the banking business at its home office, at an
approved branch office location, and through electronic terminals.
A drive-in facility must be approved as a branch if it is more than
2,000 feet from the nearest wall of the bank's home office or
another approved branch office.
(b) A function of a state bank that does not involve banking
contact with the public may be conducted at any location without
prior written approval of the banking commissioner. The finance
commission may adopt rules further defining functions of a state
bank that are not required to be conducted at an approved location.
(c) The finance commission by rule under Section 32.009 may
authorize a new form of banking facility. The banking commissioner
may approve a new form of banking facility other than as provided by
this subchapter if the banking commissioner does not have a
significant supervisory or regulatory concern regarding the
proposed facility.
Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997.
Section: 32.009 32.010 32.011 32.101 32.102 32.103 32.104 32.201 32.202 32.203 32.204 32.301 32.302 32.303 32.304
Last modified: August 10, 2007
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