Sec. 119.002. APPLICABILITY OF SAVINGS AND LOAN LAWS TO SAVINGS BANKS. (a) Except as provided by Subsection (b), a statute of this state or a rule adopted under the statute that applies to or exempts a corporation or other organization incorporated or organized under Subtitle B or an association as defined by Section 61.002 also applies to or exempts a savings bank.
(b) Subsection (a) does not apply to Chapters 11-13, this subtitle, Subtitle A, Subtitle B, or the Penal Code.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Chapter 119 - Miscellaneous Provisions Applicable to Savings Banks
Subchapter A. General Miscellaneous Provisions
Section 119.001. Applicability of Chapter 4, Business & Commerce Code
Section 119.002. Applicability of Savings and Loan Laws to Savings Banks
Section 119.003. Acknowledgment or Proof Taken by Member, Stockholder, or Employee of Savings Bank
Section 119.004. Rendition of Certain Personal Property for Ad Valorem Taxation
Section 119.005. State Taxation of Savings Banks
Section 119.006. Initiation of Rulemaking by Savings Banks