Tex. Fin. Code § 93.002 · Chapter 93. GENERAL POWERS
ENLARGEMENT OF POWERS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The finance commission by rule may expand the powers of savings banks to accommodate or take advantage of changing technology and to enable domestic savings banks to respond to the needs of and convenience demanded by consumers and businesses through on-premises or off-premises operations.
(b) The finance commission may not authorize a domestic savings bank to offer a financial service prohibited to a domestic savings bank by a law of this state other than this subtitle.
(c) In adopting a rule under this section, the finance commission shall consider the need to:
(1) promote a stable environment for financial institutions;
(2) provide the public with convenient, safe, and competitive financial services; and
(3) allow for economic development in the state.
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.93.htm
- Text hash
- sha256 144487c337a9ebfa924805be4d849b58d841ed1f1a7fc5a247c61c8bb8befbfe
- 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
Cited by 1 provision
Provisions in this library whose text cites Tex. Fin. Code § 93.002. Each shows the citation as that text prints it.
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.