™Your Policy Risk Impact Agent
100 chapters · 2,835 sections in this title.
Tex. Finance Code § 63.001 General Corporate Powers
0.6K chars
Sec. 63.001. GENERAL CORPORATE POWERS. (a) An association has all the powers authorized by this subtitle and any other right, privilege, or power incidental to or reasonably necessary to accomplish the purposes of the association. (b) With the commissioner's prior approval, an as…
Tex. Finance Code § 63.002 Enlargement of Powers
0.5K chars
Sec. 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 …
Tex. Finance Code § 63.003 Powers of Federal Association
0.3K chars
Sec. 63.003. POWERS OF FEDERAL ASSOCIATION. A federal association and its members have all the powers, privileges, benefits, immunities, and exemptions provided by the law of this state for an association and the association's members. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff.…
Tex. Finance Code § 63.004 Power To Borrow
0.9K chars
Sec. 63.004. POWER TO BORROW. (a) An association may: (1) borrow from any nongovernmental source an aggregate amount that does not exceed 25 percent of the amount of the association's savings liability on the date of borrowing; and (2) pledge the association's assets to secure re…