Tex. Fin. Code § 63.002 · Chapter 63. GENERAL POWERS
ENLARGEMENT OF POWERS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Notwithstanding any other provision of this subtitle, an association may:
(1) perform a function or engage in an activity, including making a loan or investment, to the same extent as a federal association;
(2) raise capital in the same manner and form as a federal association;
(3) issue a certificate in the same form as a federal association; or
(4) pay a dividend, earnings, or interest on a certificate in the same manner as a federal association.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.63.htm
- Text hash
- sha256 5904bc99942b777b7ad43f3b5bd17f78dcb07565ab6affed5af20fae1ee62c4b
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.