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State Law
Federal Law
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Texas Finance Code - Chapter 204 Foreign BanksLegal Research Home > Texas Lawyer > Finance Code > Texas Finance Code - Chapter 204 Foreign Banks (a) A foreign bank may not transact business in this state except to the extent permitted by this chapter. (b) Subsection (a) does not prohibit ... Each Texas state branch, agency, or representative office shall maintain and make available appropriate books, accounts, and records reflecting: (1) all transactions effected by or ... (a) The commissioner may make examinations of a Texas state branch, agency, or representative office as the commissioner considers necessary to determine whether the office ... (a) A foreign bank doing business in this state through a Texas state branch, agency, or representative office shall make written reports to the commissioner ... A foreign bank licensed to establish and maintain a Texas state branch or agency pursuant to Subchapter B, or which has registered a Texas representative ... (a) Except as provided in Subsection (b): (1) the laws of this state governing the acquisition or ownership of interests in Texas banks or out-of-state ... (a) An out-of-state foreign bank may establish an interstate Texas state branch in the same manner as, and subject to the same criteria, standards, conditions, ... (a) For purposes of this section, foreign bank offices in this state are divided into classes and ranked in ascending order as: (1) representative office; ... (a) A foreign bank that desires to establish and maintain a Texas state branch or agency shall submit an application to the commissioner. The application ... (a) After the application is complete and accepted for filing and all required fees and deposits have been paid, the commissioner shall determine from the ... (a) The commissioner shall issue a license to a foreign bank to establish and maintain a Texas state branch or agency if the commissioner finds ... (a) A foreign bank licensed under this subchapter to establish and maintain a Texas state branch or agency may not concurrently maintain a federal branch ... (a) A Texas state branch or agency is subject to this subtitle and other laws of this state applicable to banks as if the Texas ... (a) Except as provided by Section 204.105(c)(10), a foreign bank may not act as a fiduciary at a Texas state branch or agency except by ... If the articles of incorporation of a foreign bank licensed to maintain a Texas state branch or agency are amended, the foreign bank shall promptly ... (a) A foreign bank licensed to establish and maintain a Texas state branch or agency shall apply to the commissioner for an amended license if ... (a) With the prior written approval of the commissioner, a foreign bank licensed to establish and maintain a Texas state branch or agency may relocate ... (a) Each foreign bank licensed to establish and maintain a Texas state branch or agency in this state shall keep the assets of its business ... Each foreign bank licensed to establish and maintain a Texas state branch or agency shall give notice that deposits and credit balances in the office ... A foreign bank licensed to establish and maintain a Texas state branch or agency is subject to the same limitations with respect to the payment ... (a) In accordance with rules adopted under this subtitle, a foreign bank licensed to establish and maintain a Texas state branch or agency may be ... (a) In accordance with rules adopted under this subtitle, a foreign bank licensed to establish and maintain a Texas state branch or agency shall at ... (a) A foreign bank licensed to establish and maintain a Texas state branch or agency may not close the office without filing an application with, ... The commissioner may initiate an enforcement action under Chapter 35 or a proceeding to revoke the license of a Texas state branch or agency if ... (a) Notice of a revocation proceeding must: (1) be in the form of a proposed order; (2) be served on the foreign bank by personal ... (a) If the commissioner finds that any of the factors set forth in Section 204.116 are true with respect to a foreign bank licensed to ... Unless stayed by the finance commission or district court that has jurisdiction over an appeal, a final order of the commissioner revoking a license is ... (a) If the commissioner finds that any of the factors set forth in Section 204.116 are true with respect to a foreign bank licensed to ... (a) If a foreign bank licensed to maintain a Texas state branch or agency in this state is dissolved, has its authority or existence terminated ... (a) A foreign bank may establish a Texas representative office if the foreign bank files with the commissioner a verified statement of registration. A statement ... A Texas representative office may engage in the business authorized by this subchapter at each place of business registered with the commissioner. A Texas representative ... (a) A registered Texas representative office of a foreign bank may: (1) solicit loans and in connection with a loan: (A) assemble credit information about ... The commissioner may initiate an enforcement action under Chapter 35 or a proceeding to revoke the registration of a representative office if the commissioner by ... (a) Notice of a revocation proceeding must: (1) be in the form of a proposed order; (2) be served on the foreign bank by personal ... A foreign bank that has had its registration under this subchapter revoked shall cease all activities in this state. Continued activity in this state of ... (a) If a foreign bank with a registered Texas representative office is dissolved, has its authority or existence terminated or canceled in the jurisdiction of ... Texas Lawyers
Last modified: August 10, 2007 |