7 Tex. Admin. Code § 139.9

Current through Reg. 49, No. 23; June 7, 2024
Section 139.9 - Bank Holding Companies

A bank holding company with fewer than 500 shareholders that owns the majority of the voting shares of a bank domiciled in Texas is hereby exempted from the dealer registration requirements of the Securities Act, §12, with respect to its participation in a sale or other transaction involving its own securities or the securities of a bank where the bank holding company owns a majority of the voting shares of such bank.

7 Tex. Admin. Code § 139.9

The provisions of this §139.9 adopted to be effective January 12, 1984, 8 TexReg 5532.