Texas Administrative Code

(a) Effective date. The provisions of this section apply to franchise tax reports originally due on or after January 1, 2008, unless otherwise noted. (b) Foreign taxable entity. A taxable entity that is not chartered or organized in Texas. (c) Nexus. A taxable entity is subject t…

(a) Effective date. The provisions of this section apply to franchise tax reports originally due on or after January 1, 2008, except as otherwise noted. (b) Definitions. The following words and terms, when used in this section, shall have the following meanings, unless the contex…

(a) Effective Date. The provisions of this section apply to franchise tax reports originally due on or after January 1, 2008, except as otherwise noted. (b) Definitions. The following words and terms, when used in this section, shall have the following meanings, unless the contex…

(a) Definitions. The following words and terms, when used in this section, shall have the following meanings, unless the context clearly indicates otherwise. (1) Clothing--A garment used to cover the body, or a part of the body, typically consisting of cloth or a cloth-like mater…

Texas Administrative Code Title 1 - ADMINISTRATION Title 4 - AGRICULTURE Title 7 - BANKING AND SECURITIES Title 10 - COMMUNITY DEVELOPMENT Title 13 - CULTURAL RESOURCES Title 16 - ECONOMIC REGULATION Title 19 - EDUCATION Title 22 - EXAMINING BOARDS Title 25 - HEALTH SERVICES Titl…

An issuer is subject to the same network accessibility and availability requirements as outlined in § 11.1607 of this title (relating to Accessibility and Availability Requirements). Issuers must comply with this section; any requirements under a Medicaid contract, subject to Gov…

(a) The commissioner adopts by reference the National Association of Insurance Commissioners (NAIC) Valuation Manual, including subsequent changes that were adopted by the NAIC through August 15, 2024, as required by Insurance Code § 425.073. (b) The operative date of the NAIC Va…

(a) Except as provided by subsection (b) of this section, for a form or rate filing, only one product (including all forms that will constitute the entire contract and their associated rates) may be submitted in a single filing. This does not prevent an issuer from filing a produ…

A foreign bank branch or agency shall maintain the following records in English, or accompanied by an English translation, at its authorized location and make the records available for examination by the department or as otherwise requested by the banking commissioner: (1) the re…

At all meetings, the latest version of Robert's Rules of Order shall govern proceedings. Notes 1 Tex. Admin. Code § 3.8315 The provisions of this §3.8315 adopted to be effective May 9, 2012, 37 TexReg 3389

(a) Authority. This subchapter is adopted under the authority of Finance Code, Title 3, Subtitle G, Chapter 204, Subchapter B, particularly Finance Code, §§ 204.113 and 204.114 . Subchapter B authorizes a foreign bank to establish and maintain a Texas state branch or agency upon …

(a) Purpose. Under Insurance Code Chapter 1111A, the Life Settlements Act, the commissioner implements this subchapter to: (1) establish life settlement requirements concerning license applications, renewal, continuing education, and disclosures; (2) establish form filing require…

The following words and terms, when used in this subchapter, have the following meanings unless the context clearly indicates otherwise: (1) Foreign bank branch or Texas branch--A Texas state branch proposed to be established or established and maintained by a foreign bank pursua…

(a) Application. To establish a Texas branch or agency, a foreign bank shall file with the banking commissioner an application for a license on the form prescribed by the commissioner. The application must: (1) be in English and be signed, sworn to and acknowledged by an officer …

(a) General. A foreign bank may establish a representative office in this state whether or not the foreign bank is authorized to maintain a Texas branch or agency. (b) Applicability. This section applies only to a foreign bank that does not maintain a Texas branch or agency. A fo…

Pursuant to § 772.0061 of the Texas Government Code, the Council is authorized to: (1) evaluate applications for grant funding for specialty courts in this state and to make funding recommendations to PSO or CJD; and (2) make recommendations to PSO or CJD regarding best practices…

(a) A foreign bank branch or agency may not receive deposits except as specifically authorized under the Finance Code, § 204.105(b) . A foreign bank branch or agency may receive funds from a person and maintain a credit balance in accordance with the Finance Code, § 204.105(b) . …

(a) Companies that do business only in Texas and no other state are not required to perform the asset adequacy analysis required by § 3.1605 of this title (relating to General Requirements) unless required by the commissioner pursuant to § 3.1603 of this title (relating to Commis…

This subchapter: (1) applies to all persons involved in the business of life settlements in this state as specified in Insurance Code Chapter 1111A; (2) does not regulate the actions of an investor providing money to a life settlement provider, and does not preempt, supersede, or…

A state bank shall notify the banking commissioner and submit the information required by 12 CFR Part 225 , Subpart N, or Part 304, Subpart C, as applicable, or any successor regulation, regarding a computer-security incident that qualifies under such regulations as a notificatio…

(a) Submission of statement of actuarial opinion. Any statement of actuarial opinion required by this subchapter must be submitted in accordance with paragraphs (1) and (2) of this subsection. (1) There is to be included on or attached to page one of the annual statement for each…

(a) Securities activities permitted. Pursuant to Finance Code, § 34.103(c) , a state bank may establish or acquire a subsidiary that engages in securities activities; provided, however, that said subsidiary shall comply with all rules and regulations of the Securities and Exchang…

The Council is established by § 772.0061 of the Texas Government Code. Notes 1 Tex. Admin. Code § 3.8300 The provisions of this §3.8300 adopted to be effective May 9, 2012, 37 TexReg 3389

(a) A representative office established in this state by a foreign bank shall maintain the following records in English or accompanied by an English translation and make the records available for examination by the department or as otherwise requested by the banking commissioner:…

(a) General description. The statement of actuarial opinion required by this section must consist of the following paragraphs: (1) a paragraph identifying the appointed actuary and his or her qualifications, recommended language is provided in subsection (b)(1) of this section; (…

(a) Agreement in writing. A sale or lease agreement between a state bank and an officer, director, or principal shareholder of the bank or of an affiliate of the bank must be in writing. Existing verbal agreements must be reduced to writing and approved by the board. (b) Terms of…

(a) As used in this section, "trust services" mean services provided to the public as a fiduciary for hire or compensation, to hold or administer accounts established through a customer relationship involving the transfer of title to funds or property to the bank, including a fid…

A state-chartered bank may provide financial valuation and advisory services to its depositors or clients. The term "financial valuation and advisory services" means: (1) the valuation of a company for purposes of acquisitions, mergers, and divestitures; (2) fairness opinions in …

(a) Pursuant to the Business and Commerce Code, § 26.02 , all financial institutions must conspicuously post notices informing borrowers of the requirements that certain loan agreements be in writing. Additionally, the finance commission is required to prescribe the language to b…

Supplies and direct operating expenses are costs directly related to the grantee's day-to-day operation of the grant project that are not included in any of the grantee's other approved budget categories. Notes 1 Tex. Admin. Code § 3.83 The provisions of this §3.83 adopted to be …

(a) Purpose. The Finance Code, § 59.110 , requires financial institutions to imprint keys issued to safe deposit boxes after September 1, 1992, with the financial institution's routing number. In addition, it requires a report to the Department of Public Safety if the routing num…

(a) General. Any actuarial memorandum required by the provisions of this subchapter must be prepared in accordance with and subject to the provisions and qualifications of paragraphs (1) - (5) of this subsection. (1) In accordance with Insurance Code §§ 425.054 - 425.057 , the ap…

In this subchapter, the following terms have the meanings assigned by Insurance Code § 1111A.002 , unless the context clearly indicates otherwise: (1) advertisement; (2) broker; (3) business of life settlements; (4) insured; (5) life expectancy; (6) life insurance agent; (7) life…

A state-chartered bank may engage in private placement transactions by acting as broker and bringing together buyers and sellers of privately placed instruments. The term "private placement transactions" means: (1) making recommendations regarding the terms and timing of the tran…

(a) Policy. The Texas Department of Banking (the department) is committed to the concept of open state government. As a regulator of financial institutions, however, the department recognizes the mandate of the legislature to balance the competing interests of the need of financi…

The purpose of this subchapter is to prescribe guidelines and standards for the activities described in paragraphs (1) - (3) of this section: (1) the submission of a statement of actuarial opinion in accordance with Insurance Code § 425.054 and for memoranda in support of such op…

All members shall serve without compensation. Necessary travel and per diem expenses may be reimbursed when such expenses are incurred in direct performance of official duties of the Council. All Council members will be reimbursed according to the rates set by the legislature. No…

(a) If you request the department to provide copies or allow inspection of public information in the possession of the department, you may be required to pay the charges and meet other requirements specified by the Texas Attorney General. (b) The department may reduce or waive an…

(a) This subchapter shall apply to all life insurance companies doing business in this state and to all life insurance companies which are authorized to reinsure life insurance, annuities or accident and health insurance business in this state. (b) This subchapter shall be applie…

In using the 2012 IAR Mortality Table, the mortality rate for a person age x in year (2012 + n) is calculated as follows: Attached Graphic Notes 28 Tex. Admin. Code § 3.1506 The provisions of this §3.1506 adopted to be effective March 4, 2014, 39 TexReg 1394

(a) At all meetings, the latest version of Robert's Rules of Order shall govern proceedings. (b) Meetings shall be held at least annually and at other times deemed necessary by the chairman or the executive director of PSO. Notes 1 Tex. Admin. Code § 3.8115 The provisions of this…

A state-chartered bank may provide investment and financial advisory services including professional asset management services and services as an adviser in connection with mergers, acquisitions, and divestitures. A state bank may also serve as a dealer-manager in connection with…

(a) General certification - all filings. All filings must include the following certifications: (1) the certification is on behalf of the issuer; (2) the issuer is bound by the certification; (3) the issuer is familiar with all statutes and regulations of this state and the Unite…

The commissioner may require any company, otherwise exempt from asset adequacy analysis requirements in this subchapter, to provide an actuarial opinion and actuarial memorandum which complies with the asset adequacy analysis requirements in this subchapter including requirements…

(a) Pursuant to Chapter 414 of the Texas Government Code, the Council is authorized to: (1) certify a crime stoppers organization to receive repayments of rewards under Articles 37.073 and 42.152 of the Texas Code of Criminal Procedure, or payments from a defendant under Article …

(a) Bank assessment calculation table. The annual assessment for a state bank is calculated as described in this section and paid as provided by § 3.36 of this title (relating to Annual Assessments and Specialty Examination Fees), based on the values in the following table, as su…

(a) Definitions. The following words and terms, when used in this section, shall have the following meanings unless the context clearly indicates otherwise. (1) Call report--A report of condition and income in FFIEC form as required by 12 U.S.C. 1817 , or a report of financial co…