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Texas Finance Code - Section 37.001. Definition

Legal Research Home > Texas Lawyer > Finance Code > Texas Finance Code - Section 37.001. Definition

§ 37.001. DEFINITION. 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; (6) epidemic or other catastrophe; or (7) riot, civil commotion, enemy attack, or other actual or threatened act of lawlessness or violence. Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997.

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Last modified: August 10, 2007