Tex. Fin. Code § 64.001 · Subchapter A. GENERAL PROVISIONS
ADOPTION OF RULES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The finance commission shall adopt rules relating to the power of associations operating under this subtitle to make loans and investments.
(b) Rules adopted under this section must contain provisions reasonably necessary to ensure that:
(1) a loan made by an association is consistent with sound lending practices; and
(2) an investment made by an association promotes the purposes of this subtitle.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 867, Sec. 28, eff. Sept. 1, 2001.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.64.htm
- Text hash
- sha256 b07713d5e13b488b5bc64d739b3e00c14a41ad8dd58eb78d6cff67bdb5332ded
- 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.