Texas Finance Code Title 3, Chapter 98 - Foreign Financial Institutions

SUBCHAPTER A GENERAL PROVISIONS

• Texas Section 98.001 - Limitation On Right To Do Business As Savings Bank
  (a) A person may not do business as a savings bank in this state or maintain an office in this state for the purpose of...
• Texas Section 98.002 - Application Of Law And Rules
  This subtitle and each rule adopted under this subtitle apply to the operations in this state of a foreign savings bank and may be enforced...
• Texas Section 98.003 - Contracts Construed Under Law Of This State
  A contract between a foreign savings bank and a resident of this state is governed by the laws of this state. Acts 1997, 75th Leg.,...
• Texas Section 98.004 - Federal Savings Bank
  A federal savings bank is not a foreign corporation or foreign savings bank for purposes of this subtitle. Acts 1997, 75th Leg., ch. 1008, Sec....

SUBCHAPTER B POWERS OF FOREIGN SAVINGS BANK; ELIGIBILITY OF ACCOUNTS FOR INVESTMENT

• Texas Section 98.005 - Authorization To Retain Offices
  A federal savings bank that has been merged, consolidated, or converted into a domestic or foreign savings bank or association is entitled to retain any...

SUBCHAPTER C CERTIFICATE OF AUTHORITY

• Texas Section 98.101 - Powers Of Foreign Savings Bank; Eligibility Of Accounts For Investment
  (a) A foreign savings bank operating under a certificate of authority issued under Subchapter I, Chapter 92, has the rights and privileges of a savings...
• Texas Section 98.201 - Renewal Of Certificate
  A foreign savings bank may renew a certificate of authority issued under Subchapter I, Chapter 92, by paying a renewal fee in January of each...

SUBCHAPTER D EXAMINATION AND REGULATION

• Texas Section 98.202 - Revocation Of Certificate
  (a) The commissioner may revoke a foreign savings bank's certificate of authority on the failure or refusal of the savings bank to comply with a...
• Texas Section 98.301 - Frequency Of Examination
  A foreign savings bank holding a certificate of authority issued under Subchapter I, Chapter 92, may be examined not more than once each year. Acts...
• Texas Section 98.302 - Examination Charges
  A foreign savings bank holding a certificate of authority issued under Subchapter I, Chapter 92, shall pay: (1) an examination fee in the amount set...
• Texas Section 98.303 - Agreement With Regulatory Authority Of Other State
  (a) The commissioner, in exercising the supervisory and regulatory authority granted under Chapter 96, may enter into a cooperative agreement with a regulatory authority of...
• Texas Section 98.304 - Commissioner's Authority To Issue Orders
  The commissioner may issue an order against a foreign savings bank holding a certificate of authority in the same manner provided by Chapter 96 for...

Last modified: September 28, 2016