Texas Finance Code Title 3, Chapter 93 - General Powers
- Texas Section 93.001 - General Corporate Powers
(a) A savings bank has the powers authorized by this subtitle and any other right, privilege, or power incidental to or reasonably necessary to accomplish...
- Texas Section 93.002 - Enlargement Of Powers
(a) The finance commission by rule may expand the powers of savings banks to accommodate or take advantage of changing technology and to enable domestic...
- Texas Section 93.003 - Powers Of Federal Savings Bank
A federal savings bank and its members have all of the powers, privileges, benefits, immunities, and exemptions that are provided by the law of this...
- Texas Section 93.004 - Power To Borrow
(a) A savings bank may borrow and give security, subject to rules adopted by the finance commission. (b) A savings bank at any time through...
- Texas Section 93.005 - Fiscal Agent
(a) A savings bank may act as fiscal agent of the United States. A savings bank designated as fiscal agent of the United States by...
- Texas Section 93.006 - Power To Act Under Certain Federal Retirement Plans
A savings bank or a federal savings bank, to the extent that its charter and applicable federal regulations permit, may: (1) exercise any power necessary...
- Texas Section 93.007 - Trust Powers
(a) A savings bank may exercise trust powers only with the commissioner's prior written approval. (b) The commissioner may approve the exercise of trust powers...
- Texas Section 93.008 - Powers Relative To Other Financial Institutions
(a) Subject to limitations prescribed by rule of the finance commission, a savings bank may make a loan or investment or engage in an activity...
- Texas Section 93.009 - Right To Act To Avoid Loss
(a) This subtitle does not deny a savings bank the right to invest its money, operate a business, manage or deal in property, or take...
- Texas Section 93.010 - Closing Place Of Business
A savings bank may close its place of business at any time its board of directors determines. Acts 1997, 75th Leg., ch. 1008, Sec. 1,...
- Texas Section 93.011 - Emergency Closing
(a) If the officers of a savings bank determine that an emergency that affects or may affect the savings bank's offices or operations exists or...
- Texas Section 93.012 - Effect Of Closing
(a) A day on which a savings bank or one or more of its operations are closed under Section 93.011 during all or part of...
Last modified: September 28, 2016