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Texas Finance Code - Section 63.002. Enlargement Of Powers

Legal Research Home > Texas Lawyer > Finance Code > Texas Finance Code - Section 63.002. Enlargement Of Powers

§ 63.002. ENLARGEMENT OF POWERS. Notwithstanding any other provision of this subtitle, an association may: (1) perform a function or engage in an activity, including making a loan or investment, to the same extent as a federal association; (2) raise capital in the same manner and form as a federal association; (3) issue a certificate in the same form as a federal association; or (4) pay a dividend, earnings, or interest on a certificate in the same manner as a federal association. Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997.

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Last modified: August 10, 2007