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Chapter 271 - Financial Transaction Reporting Requirements
Section 271.001. Reporting Requirement for Crimes and Suspected Crimes and Currency and Foreign Transactions - Sec. 271.001. REPORTING REQUIREMENT FOR CRIMES AND SUSPECTED CRIMES AND...
Section 271.002. Reporting Requirement for Cash Receipts of More Than $10,000 - Sec. 271.002. REPORTING REQUIREMENT FOR CASH RECEIPTS OF MORE THAN...
Section 271.003. Use of Reported Information - Sec. 271.003. USE OF REPORTED INFORMATION. The attorney general may...
Section 271.004. Failure to Comply With Reporting Requirements; Criminal Penalty - Sec. 271.004. FAILURE TO COMPLY WITH REPORTING REQUIREMENTS; CRIMINAL PENALTY....
Section 271.005. Suppression of Physical Evidence; Criminal Penalty - Sec. 271.005. SUPPRESSION OF PHYSICAL EVIDENCE; CRIMINAL PENALTY. (a) A...
Section 271.006. Notification to Target of Criminal Investigation; Criminal Penalty - Sec. 271.006. NOTIFICATION TO TARGET OF CRIMINAL INVESTIGATION; CRIMINAL PENALTY....
Chapter 273 - Savings and Loan Supplemental Fund Act
Subchapter A. General Provisions
Section 273.001. Short Title - Sec. 273.001. SHORT TITLE. This chapter may be cited as...
Section 273.002. Purposes; Liberal Construction - Sec. 273.002. PURPOSES; LIBERAL CONSTRUCTION. (a) The purposes of this...
Section 273.003. Definitions - Sec. 273.003. DEFINITIONS. In this chapter: (1) "Board" means the...
Section 273.004. Exemption From Securities Act - Sec. 273.004. EXEMPTION FROM SECURITIES ACT. (a) A security issued...
Section 273.005. Security of Corporation Considered Authorized Investment of Savings and Loan Association - Sec. 273.005. SECURITY OF CORPORATION CONSIDERED AUTHORIZED INVESTMENT OF SAVINGS...
Subchapter B. Organization of Corporation
Section 273.101. Creation of and Membership in Corporation - Sec. 273.101. CREATION OF AND MEMBERSHIP IN CORPORATION. (a) The...
Section 273.102. Board of Directors - Sec. 273.102. BOARD OF DIRECTORS. (a) The board shall exercise...
Section 273.103. Executive Committee - Sec. 273.103. EXECUTIVE COMMITTEE. (a) The plan of operation of...
Section 273.104. Term - Sec. 273.104. TERM. (a) An elected director serves a two-year...
Section 273.105. Board Officers and Personnel - Sec. 273.105. BOARD OFFICERS AND PERSONNEL. (a) At the first...
Section 273.106. Vacancy - Sec. 273.106. VACANCY. (a) The office of a director becomes...
Section 273.107. Removal of Board Member - Sec. 273.107. REMOVAL OF BOARD MEMBER. The board may remove...
Section 273.108. Conflict of Interest - Sec. 273.108. CONFLICT OF INTEREST. A director may not vote...
Section 273.109. Compensation; Reimbursement for Expenses - Sec. 273.109. COMPENSATION; REIMBURSEMENT FOR EXPENSES. A director may not...
Section 273.110. Meetings - Sec. 273.110. MEETINGS. (a) A regular meeting of the board...
Section 273.111. Quorum; Voting - Sec. 273.111. QUORUM; VOTING. (a) A quorum of the board...
Subchapter C. Operation of Corporation
Section 273.201. Plan of Operation; Amendment - Sec. 273.201. PLAN OF OPERATION; AMENDMENT. (a) After the directors...
Section 273.202. Temporary Plan of Operation - Sec. 273.202. TEMPORARY PLAN OF OPERATION. (a) The commissioner shall...
Section 273.203. Powers of Corporation - Sec. 273.203. POWERS OF CORPORATION. The corporation may, consistent with...
Section 273.204. Conditions Under Which Corporation May Exercise Powers and Duties - Sec. 273.204. CONDITIONS UNDER WHICH CORPORATION MAY EXERCISE POWERS AND...
Section 273.205. Consideration for Assistance - Sec. 273.205. CONSIDERATION FOR ASSISTANCE. In consideration for assistance provided...
Section 273.206. Cancellation of Membership - Sec. 273.206. CANCELLATION OF MEMBERSHIP. The board may cancel the...
Section 273.207. Redemption of Securities - Sec. 273.207. REDEMPTION OF SECURITIES. (a) A member association that...
Section 273.208. Immunity From Liability - Sec. 273.208. IMMUNITY FROM LIABILITY. The following persons are not...
Section 273.209. Limitation on Advertisement and Promotion - Sec. 273.209. LIMITATION ON ADVERTISEMENT AND PROMOTION. A member association...
Section 273.210. Dissolution - Sec. 273.210. DISSOLUTION. (a) The corporation may be dissolved on:...
Section 273.211. Effect of Dissolution - Sec. 273.211. EFFECT OF DISSOLUTION. (a) On dissolution, money in...
Subchapter D. Primary and Administrative Accounts; Issuance of Securities
Section 273.301. Required Purchase of Securities - Sec. 273.301. REQUIRED PURCHASE OF SECURITIES. (a) The corporation, acting...
Section 273.302. Amount of Security Purchase - Sec. 273.302. AMOUNT OF SECURITY PURCHASE. The aggregate amount of...
Section 273.303. Primary Account - Sec. 273.303. PRIMARY ACCOUNT. (a) Money from the sale of...
Section 273.304. Administrative Account - Sec. 273.304. ADMINISTRATIVE ACCOUNT. The corporation shall establish an administrative...
Section 273.305. Authorized Expenditures - Sec. 273.305. AUTHORIZED EXPENDITURES. (a) The corporation may spend money...
Section 273.306. Form and Terms of Security Issue - Sec. 273.306. FORM AND TERMS OF SECURITY ISSUE. The board...
Section 273.307. Allocation of Security Issue - Sec. 273.307. ALLOCATION OF SECURITY ISSUE. The corporation shall allocate...
Section 273.308. Limitation on Issuance of Securities - Sec. 273.308. LIMITATION ON ISSUANCE OF SECURITIES. When the balance...
Subchapter E. Assistance Provided to Member Associations Under Conservatorship
Section 273.401. General Assistance - Sec. 273.401. GENERAL ASSISTANCE. On the commissioner's request and under...
Section 273.402. Assistance in Transferring or Disposing of Property - Sec. 273.402. ASSISTANCE IN TRANSFERRING OR DISPOSING OF PROPERTY. The...
Section 273.403. Advance of Money - Sec. 273.403. ADVANCE OF MONEY. (a) The corporation shall advance...
Section 273.404. Purchase of Interest in Assets - Sec. 273.404. PURCHASE OF INTEREST IN ASSETS. (a) The corporation...
Section 273.405. Procedure for Merger, Sale of Control Of, or Sale of Assets - Sec. 273.405. PROCEDURE FOR MERGER, SALE OF CONTROL OF, OR...
Subchapter F. Administrative Provisions
Section 273.501. Annual Financial Statement - Sec. 273.501. ANNUAL FINANCIAL STATEMENT. (a) Not later than April...
Section 273.502. Effect of Membership - Sec. 273.502. EFFECT OF MEMBERSHIP. In regulating a savings and...
Section 273.503. Amount to Be Spent Before Certification of Insolvency of Member Association - Sec. 273.503. AMOUNT TO BE SPENT BEFORE CERTIFICATION OF INSOLVENCY...
Section 273.504. Fee and Tax Exemption - Sec. 273.504. FEE AND TAX EXEMPTION. The corporation is exempt...
Chapter 274 - Substitute or Successor Fiduciary
Section 274.001. Definitions - Sec. 274.001. DEFINITIONS. In this chapter: (1) "Bank" has the...
Section 274.002. Affiliated Bank - Sec. 274.002. AFFILIATED BANK. A bank is affiliated with a...
Section 274.003. Subsidiary Trust Company - Sec. 274.003. SUBSIDIARY TRUST COMPANY. An entity is a subsidiary...
Subchapter B. Subsidiary Trust Companies as Substitute or Successor Fiduciaries
Section 274.101. Agreement to Substitute Fiduciaries - Sec. 274.101. AGREEMENT TO SUBSTITUTE FIDUCIARIES. (a) A subsidiary trust...
Section 274.102. Situs of Account Administration - Sec. 274.102. SITUS OF ACCOUNT ADMINISTRATION. The situs of administration...
Section 274.103. Notice of Substitution - Sec. 274.103. NOTICE OF SUBSTITUTION. (a) Not later than the...
Section 274.104. Form of Notice of Substitution - Sec. 274.104. FORM OF NOTICE OF SUBSTITUTION. The notice required...
Section 274.105. Failure to Send Notice of Substitution; Defective Notice - Sec. 274.105. FAILURE TO SEND NOTICE OF SUBSTITUTION; DEFECTIVE NOTICE....
Section 274.106. Effective Date of Substitution of Fiduciaries - Sec. 274.106. EFFECTIVE DATE OF SUBSTITUTION OF FIDUCIARIES. (a) The...
Section 274.107. Hearing on Agreement to Substitute Fiduciaries - Sec. 274.107. HEARING ON AGREEMENT TO SUBSTITUTE FIDUCIARIES. (a) A...
Section 274.108. Subsidiary Trust Company as Substitute Fiduciary - Sec. 274.108. SUBSIDIARY TRUST COMPANY AS SUBSTITUTE FIDUCIARY. On the...
Section 274.109. Notice of Change in Situs of Administration of Fiduciary Account Following Substitution - Sec. 274.109. NOTICE OF CHANGE IN SITUS OF ADMINISTRATION OF...
Section 274.110. Failure to Send Notice of Change in Situs of Administration - Sec. 274.110. FAILURE TO SEND NOTICE OF CHANGE IN SITUS...
Section 274.111. Effective Date of Change in Situs of Administration of Fiduciary Account - Sec. 274.111. EFFECTIVE DATE OF CHANGE IN SITUS OF ADMINISTRATION...
Section 274.112. Hearing on Change in Situs of Administration of Fiduciary Account - Sec. 274.112. HEARING ON CHANGE IN SITUS OF ADMINISTRATION OF...
Section 274.113. Venue - Sec. 274.113. VENUE. (a) An action under this subchapter for...
Section 274.114. Subsidiary Trust Company as Successor Fiduciary - Sec. 274.114. SUBSIDIARY TRUST COMPANY AS SUCCESSOR FIDUCIARY. For purposes...
Section 274.115. Bond of Successor Fiduciary - Sec. 274.115. BOND OF SUCCESSOR FIDUCIARY. If an affiliated bank...
Section 274.116. Responsibility for Subsidiary Trust Company - Sec. 274.116. RESPONSIBILITY FOR SUBSIDIARY TRUST COMPANY. The bank holding...
Subchapter C. Banks Affiliated With Subsidiary Trust Companies
Section 274.201. Designation of Affiliated Bank as Fiduciary in Will - Sec. 274.201. DESIGNATION OF AFFILIATED BANK AS FIDUCIARY IN WILL....
Section 274.202. Liability of Affiliated Bank Acting as Fiduciary - Sec. 274.202. LIABILITY OF AFFILIATED BANK ACTING AS FIDUCIARY. After...
Section 274.203. Deposit of Money With Affiliated Bank - Sec. 274.203. DEPOSIT OF MONEY WITH AFFILIATED BANK. (a) A...
Chapter 275 - Texas Mutual Trust Investment Company Act
Section 275.001. Short Title - Sec. 275.001. SHORT TITLE. This chapter may be cited as...
Section 275.002. Definitions - Sec. 275.002. DEFINITIONS. In this chapter: (1) "Fiduciary institution" means...
Section 275.003. Application of General Corporation Law - Sec. 275.003. APPLICATION OF GENERAL CORPORATION LAW. Except as provided...
Section 275.004. Investment of Corporation Assets - Sec. 275.004. INVESTMENT OF CORPORATION ASSETS. A mutual trust investment...
Subchapter B. Creation of Mutual Trust Investment Company
Section 275.051. Creation of Mutual Trust Investment Company - Sec. 275.051. CREATION OF MUTUAL TRUST INVESTMENT COMPANY. (a) One...
Section 275.052. Incorporators - Sec. 275.052. INCORPORATORS. (a) To incorporate, a mutual trust investment...
Section 275.053. Contents of Articles of Incorporation - Sec. 275.053. CONTENTS OF ARTICLES OF INCORPORATION. In addition to...
Subchapter C. Administrative Provisions
Section 275.101. Directors - Sec. 275.101. DIRECTORS. (a) Except as provided by Subsection (b),...
Section 275.102. Audits and Reports - Sec. 275.102. AUDITS AND REPORTS. (a) At least once each...
Subchapter D. Mutual Trust Investment Company Stock
Section 275.151. Ownership - Sec. 275.151. OWNERSHIP. The stock of a mutual trust investment...
Section 275.152. Registration - Sec. 275.152. REGISTRATION. The stock of a mutual trust investment...
Section 275.153. Transfer and Assignment - Sec. 275.153. TRANSFER AND ASSIGNMENT. The stock of a mutual...
Section 275.154. Ownership by Mutual Trust Investment Company - Sec. 275.154. OWNERSHIP BY MUTUAL TRUST INVESTMENT COMPANY. A mutual...
Subchapter E. Investment in Mutual Trust Investment Company
Section 275.201. Purchase by Fiduciary; Authority and Restrictions - Sec. 275.201. PURCHASE BY FIDUCIARY; AUTHORITY AND RESTRICTIONS. A fiduciary...
Section 275.202. Responsibility of Mutual Trust Investment Company - Sec. 275.202. RESPONSIBILITY OF MUTUAL TRUST INVESTMENT COMPANY. (a) A...
Chapter 276 - Financial Institution Accounts
Section 276.001. Accounts for Candidates for Public Office - Sec. 276.001. ACCOUNTS FOR CANDIDATES FOR PUBLIC OFFICE. (a) A...
Section 276.002. Garnishment of Financial Institution Account - Sec. 276.002. GARNISHMENT OF FINANCIAL INSTITUTION ACCOUNT. (a) Notwithstanding the...
Section 276.003. Use of Proceeds of Extension of Credit for Financial Institution Account - Sec. 276.003. USE OF PROCEEDS OF EXTENSION OF CREDIT FOR...
Chapter 277 - Business Checking Accounts
Section 277.001. Definitions - Sec. 277.001. DEFINITIONS. In this chapter: (1) "Business" means a...
Section 277.002. Account Information Required - Sec. 277.002. ACCOUNT INFORMATION REQUIRED. (a) A financial institution shall...
Section 277.003. Disclosure of Information - Sec. 277.003. DISCLOSURE OF INFORMATION. (a) A financial institution may...
Chapter 278 - Regulation of Currency Transmissions
Section 278.001. Definitions - Sec. 278.001. DEFINITIONS. In this chapter: (1) "Currency" has the...
Subchapter B. Currency Transmission Disclosures
Section 278.051. Disclosures With Transaction - Sec. 278.051. DISCLOSURES WITH TRANSACTION. (a) Other than in a...
Section 278.052. Cancellation and Refund of Transaction - Sec. 278.052. CANCELLATION AND REFUND OF TRANSACTION. (a) Except as...
Subchapter C. Enforcement
Section 278.101. Civil Penalty - Sec. 278.101. CIVIL PENALTY. (a) A person who knowingly violates...
Chapter 279 - Banking and Credit Union Development Districts
Section 279.001. Definitions - Sec. 279.001. DEFINITIONS. In this chapter: (1) "Credit union" means...
Subchapter B. Banking Development Districts
Section 279.051. Administration of Program - Sec. 279.051. ADMINISTRATION OF PROGRAM. The finance commission shall administer...
Section 279.052. Rules - Sec. 279.052. RULES. (a) Subject to Subsection (b), the finance...
Section 279.053. Application for Designation of Banking Development District - Sec. 279.053. APPLICATION FOR DESIGNATION OF BANKING DEVELOPMENT DISTRICT. A...
Section 279.054. Application by Financial Institution to Open Branch in District - Sec. 279.054. APPLICATION BY FINANCIAL INSTITUTION TO OPEN BRANCH IN...
Section 279.055. Determination by Finance Commission - Sec. 279.055. DETERMINATION BY FINANCE COMMISSION. (a) Not later than...
Subchapter C. Credit Union Development Districts
Section 279.101. Administration of Program - Sec. 279.101. ADMINISTRATION OF PROGRAM. The Credit Union Commission shall...
Section 279.102. Rules - Sec. 279.102. RULES. (a) Subject to Subsection (b), the Credit...
Section 279.103. Application for Designation of Credit Union Development District - Sec. 279.103. APPLICATION FOR DESIGNATION OF CREDIT UNION DEVELOPMENT DISTRICT....
Section 279.104. Application by Credit Union to Open Branch in District - Sec. 279.104. APPLICATION BY CREDIT UNION TO OPEN BRANCH IN...
Section 279.105. Determination by Credit Union Commission - Sec. 279.105. DETERMINATION BY CREDIT UNION COMMISSION. (a) Not later...
Subchapter D. Deposit of Public Funds in District Depository
Section 279.151. Designation of District Depository - Sec. 279.151. DESIGNATION OF DISTRICT DEPOSITORY. (a) The governing body...
Section 279.152. Deposit of Public Funds by Local Government - Sec. 279.152. DEPOSIT OF PUBLIC FUNDS BY LOCAL GOVERNMENT. (a)...
Section 279.153. Deposit of Public Funds by State - Sec. 279.153. DEPOSIT OF PUBLIC FUNDS BY STATE. (a) If...
Chapter 280 - Savings Promotion Raffle
Section 280.001. Short Title - Sec. 280.001. SHORT TITLE. This chapter may be cited as...
Section 280.002. Definitions - Sec. 280.002. DEFINITIONS. In this chapter: (1) "Credit union" means:...
Section 280.003. Savings Promotion Raffle by Credit Union - Sec. 280.003. SAVINGS PROMOTION RAFFLE BY CREDIT UNION. (a) A...
Section 280.004. Savings Promotion Raffle by Financial Institution - Sec. 280.004. SAVINGS PROMOTION RAFFLE BY FINANCIAL INSTITUTION. (a) A...
Section 280.005. Account or Deposit Not Consideration - Sec. 280.005. ACCOUNT OR DEPOSIT NOT CONSIDERATION. For purposes of...
Chapter 281 - Protection of Vulnerable Adults From Financial Exploitation
Section 281.001. Definitions - Sec. 281.001. DEFINITIONS. In this chapter: (1) "Department" means the...
Section 281.002. Reporting Suspected Financial Exploitation of Vulnerable Adults - Sec. 281.002. REPORTING SUSPECTED FINANCIAL EXPLOITATION OF VULNERABLE ADULTS. (a)...
Section 281.003. Notifying Third Parties of Suspected Financial Exploitation of Vulnerable Adults - Sec. 281.003. NOTIFYING THIRD PARTIES OF SUSPECTED FINANCIAL EXPLOITATION OF...
Section 281.004. Temporary Hold on Transactions in Certain Cases of Suspected Financial Exploitation of Vulnerable Adults - Sec. 281.004. TEMPORARY HOLD ON TRANSACTIONS IN CERTAIN CASES OF...
Section 281.005. Immunity - Sec. 281.005. IMMUNITY. (a) An employee of a financial institution...
Section 281.006. Records - Sec. 281.006. RECORDS. To the extent permitted by state or...