Tex. Fin. Code § 63.002

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 63.002 - Enlargement of Powers

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.

Tex. Fin. Code § 63.002

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.