46,307 sections across 577 Texas regulatory chapters.
R.75-305 7 TAC §75.305 — Loan Policies and Documentation
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(a) Policies. Each savings bank must establish written policies approved by its board establishing prudent credit underwriting and loan documentation standards. Such standards must be designed to identify potential safety and soundness concerns and ensure that action is taken to …
R.75-306 7 TAC §75.306 — Loans to and Transactions with Officers, Directors, Affiliated Persons, and Employees.
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All transactions, including loans, involving officers, directors, affiliated persons, controlling persons or employees are subject to the requirements of Federal Reserve Board Regulations O and W, which sections are hereby incorporated by reference. SML will monitor and enforce c…
R.75-307 7 TAC §75.307 — Letters of Credit
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A savings bank may issue letters of credit in accordance with the terms and conditions of the Uniform Commercial Code of the State of Texas and the Uniform Customs and Practice for Documentary Credits, subject to the following requirements. (1) The savings bank must maintain a le…