Texas Finance Code Title 3, Chapter 94 - Loans And Investments

SUBCHAPTER A LIMITATIONS ON LOANS

• Texas Section 94.001 - Loans To One Borrower
  (a) The finance commission by rule may limit loans to one borrower. Those limits may not be less restrictive than the limits imposed on savings...

SUBCHAPTER B LOAN EXPENSES

• Texas Section 94.002 - Commercial Loans
  (a) Subject to rules adopted by the finance commission, a savings bank may lend or invest not more than 40 percent of the savings bank's...
• Texas Section 94.051 - Borrower Payment Of Loan Expenses
  Subject to Section 94.052, a savings bank may require a borrower to pay all reasonable expenses incurred in connection with making, closing, disbursing, extending, readjusting,...
• Texas Section 94.052 - Consumer Loans
  In the case of a consumer loan: (1) a savings bank may charge a borrower the reasonable value of services rendered in connection with making...
• Texas Section 94.053 - Collection Of Loan Expenses
  An expense payment authorized by this subchapter may be: (1) collected by the savings bank from the borrower and: (A) retained by the savings bank;...

SUBCHAPTER C LOAN PAYMENTS

• Texas Section 94.054 - Character Of Loan Expense Payments
  An expense payment authorized by this subchapter is not interest or compensation charged by a savings bank for the loan of money. Acts 1997, 75th...
• Texas Section 94.101 - Penalty For Prepayment Or Late Payment
  A savings bank may charge a penalty for a prepayment of or late payment on a loan. Acts 1997, 75th Leg., ch. 1008, Sec. 1,...

SUBCHAPTER D CHARGES RELATING TO REAL PROPERTY LOANS

• Texas Section 94.102 - Application Of Prepayments To Loan Installments
  Unless otherwise agreed in writing, a savings bank shall apply: (1) a prepayment of principal to the final installment of the obligation until the final...
• Texas Section 94.151 - Advances Paid By Savings Bank
  (a) A savings bank may pay taxes, assessments, insurance premiums, and similar charges for the protection of the savings bank's interest in property that secures...
• Texas Section 94.152 - Advances Are Lien On Property
  A payment under Section 94.151 is a lien against the real property that secures the loan for which it is made. Acts 1997, 75th Leg.,...
• Texas Section 94.153 - Payment Of Estimated Charges By Borrower
  (a) To enable the savings bank to pay charges as they become due, a savings bank may require a borrower to pay monthly in advance,...

SUBCHAPTER F INVESTMENT IN EQUITY SECURITIES

• Texas Section 94.154 - Record Of Charges
  A savings bank shall keep a record of the status of taxes, assessments, insurance premiums, and other charges on real property that secures the savings...
• Texas Section 94.251 - Limitations On Investment In Equity Securities
  (a) A savings bank or a subsidiary may not invest in an equity security unless the security qualifies as an investment grade security under rules...
• Texas Section 94.252 - Inapplicability Of Limitations
  The limitations under Section 94.251 do not apply to an equity security issued by: (1) a United States government-sponsored corporation, including the Federal National Mortgage...

SUBCHAPTER G INVESTMENT IN SUBSIDIARIES

• Texas Section 94.253 - Rules
  The finance commission may adopt rules necessary to implement this subchapter, including rules relating to eligible investment criteria, investment diversification, and resource management requirements. Acts...
• Texas Section 94.301 - Authorization
  With the prior consent of the commissioner and subject to rules adopted by the finance commission, a savings bank may invest in a subsidiary corporation...
• Texas Section 94.302 - Limitation On Investment In Subsidiaries
  (a) A savings bank may not invest in a subsidiary corporation if the investment would cause the savings bank's aggregate investments in subsidiaries to exceed...
• Texas Section 94.303 - Regulation And Examination Of Subsidiary
  (a) The commissioner may regulate and examine a subsidiary corporation in which a savings bank invests under Section 94.301. (b) The subsidiary corporation shall pay...

SUBCHAPTER H PROPERTY OF SAVINGS BANK

• Texas Section 94.304 - Rules
  The finance commission shall adopt rules on permitted activities of a subsidiary corporation in which a savings bank invests under Section 94.301. Acts 1997, 75th...
• Texas Section 94.351 - Investment In Banking Premises
  Without prior approval of the commissioner, a savings bank may invest not more than an amount equal to the savings bank's regulatory capital in real...
• Texas Section 94.352 - Form Of Savings Bank Facility
  The finance commission by rule adopted under Section 93.002 may approve a new form of savings bank facility or authorize the commissioner to approve a...
• Texas Section 94.353 - Record Of Charges On Real And Personal Property
  A savings bank shall keep a record of the status of taxes, assessments, insurance premiums, and other charges on all real and personal property owned...

Last modified: September 28, 2016