Sec. 12.1085. FINANCIAL LITERACY PROGRAM. (a) The department shall seek to improve the financial literacy and education of persons in this state and to encourage access to mainstream financial products and services by persons who have not previously participated in the conventional finance system, by:
(1) coordinating, encouraging, and aiding banks in the development and promotion of financial literacy and education programs and community outreach;
(2) serving as a clearinghouse of information about financial literacy and education programs;
(3) creating and maintaining a resource bank of materials pertaining to financial literacy; and
(4) promoting replication of best practices and exemplary programs that foster financial literacy and education.
(b) The department may solicit and accept a gift, grant, or donation from any source, including a foundation, private entity, governmental entity, or institution of higher education, to assist in the implementation of this section.
Added by Acts 2007, 80th Leg., R.S., Ch. 110 (H.B. 2007), Sec. 1, eff. September 1, 2007.
Structure Texas Statutes
Title 2 - Financial Regulatory Agencies
Chapter 12 - Texas Department of Banking
Subchapter B. Operation of Department
Section 12.101. Banking Commissioner
Section 12.102. Deputy Banking Commissioners
Section 12.104. Oath of Office
Section 12.105. Fees, Revenue, and Expenses; Audit
Section 12.107. Conflict of Interest
Section 12.108. Consumer Information and Complaints
Section 12.1085. Financial Literacy Program
Section 12.109. Sunset Provision
Section 12.111. Standards of Conduct
Section 12.112. Equal Employment Opportunity Policy
Section 12.113. Alternative Rulemaking and Dispute Resolution