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State Law
Federal Law
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Texas Finance Code - Chapter 184 Investments, Loans, And DepositsLegal Research Home > Texas Lawyer > Finance Code > Texas Finance Code - Chapter 184 Investments, Loans, And Deposits In this subchapter, "state trust company facility" means real property, including an improvement, that a state trust company owns or leases, to the extent the ... (a) Without the prior written approval of the banking commissioner, a state trust company may not directly or indirectly invest an amount in excess of ... (a) A state trust company may not invest its restricted capital in real property except: (1) as permitted by this subtitle or rules adopted under ... (a) A state trust company may invest its restricted capital in any type or character of equity or investment securities under the limitations provided by ... Except with the prior written approval of the banking commissioner: (1) a state trust company may not acquire its own shares or participation shares unless ... (a) Except as otherwise provided by this subtitle or rules adopted under this subtitle, and subject to the exercise of prudent judgment, a state trust ... (a) Without the prior written approval of the banking commissioner, a state trust company may not make any investment of its secondary capital in any ... (a) Except as otherwise provided by this subtitle or rules adopted under this subtitle, a state trust company may not invest its funds in trade ... (a) A state trust company's total outstanding loans and extensions of credit to a person other than an insider may not exceed an amount equal ... (a) An officer, director, manager, managing participant, or employee of a state trust company who approves or participates in the approval of a loan with ... (a) Subject to rules adopted under this subtitle, a state trust company may become the owner and lessor of tangible personal property for lease financing ... This subchapter does not confer general banking privileges on a state trust company. Added by Acts 1999, 76th Leg., ch. 62, § 7.16(a), eff. Sept. ... (a) A state trust company may deposit trust funds with itself as an investment if: (1) the deposit is authorized by the settlor or beneficiary; ... This subchapter does not confer general banking privileges on a state trust company. Added by Acts 1999, 76th Leg., ch. 62, § 7.16(a), eff. Sept. ... Except with the prior written approval of the banking commissioner, a state trust company may not have outstanding liabilities, excluding trust deposit liabilities arising under ... (a) A state trust company may not pledge or create a lien on any of its assets except to secure: (1) the repayment of money ... Texas Lawyers
Last modified: August 10, 2007 |