reglab/housing_qa huggingface dataset:
TX Fin Code § 37.008 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle A - Banks|Chapter 37 - Emergencies|Section 37.008. Regulatory Coordination

Sec. 37.008.  REGULATORY COORDINATION.  (a)  To ensure effective coordination among and between the department and other state and federal agencies and the banking industry, and to further rapid restoration of banking services after an emergency, the banking commissioner may:(1)  enter into cooperative, coordinating, or information-sharing agreements with other state or federal agencies or with or through organizations affiliated with or representing one or more state or federal agencies;(2)  enter into cooperative, coordinating, or information-sharing agreements with banks or banking trade associations or other organizations affiliated with or representing one or more banks;  and(3)  issue interpretive statements or opinions to temporarily waive or suspend regulatory requirements that threaten to impede recovery and restoration of financial services.(b)  Disclosure of information by or to the banking commissioner under this section does not constitute a waiver of or otherwise affect or diminish an evidentiary privilege to which the information is otherwise subject, regardless of whether the disclosure is governed by a confidentiality agreement.  Notwithstanding other law, a party to an agreement described by Subsection (a) may execute, honor, and comply with an agreement to maintain confidentiality and oppose disclosure of information obtained from the banking commissioner, and shall treat as confidential any information obtained from the banking commissioner that is entitled to confidential treatment under applicable state or federal law.(c)  The banking commissioner shall coordinate and cooperate with and assist the office of the governor in the performance of duties under this chapter and other state or federal law as required by Section 421.071, Government Code.|Added by Acts 2007, 80th Leg., R.S., Ch. 110 (H.B. 2007), Sec. 12, eff. September 1, 2007.|
TX Fin Code § 61.001 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle B - Savings and Loan Associations|Chapter 61 - General Provisions|Section 61.001. Short Title

Sec. 61.001.  SHORT TITLE.  This subtitle may be cited as the Texas Savings and Loan Act.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 61.003 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle B - Savings and Loan Associations|Chapter 61 - General Provisions|Section 61.003. Control; Subsidiary

Sec. 61.003.  CONTROL;  SUBSIDIARY.  (a)  For the purposes of this subtitle, a person controls an association if the person has the power to direct or cause the direction of the management and policies of the association directly or indirectly.  A person is considered to control an association if the person, individually or acting with others, directly or indirectly holds with the power to vote, owns, or controls, or holds irrevocable proxies representing, at least 25 percent of the voting rights of the association.(b)  For the purposes of this subtitle, a company is a subsidiary of an association if the association or another company directly or indirectly controlled by the association controls the company.  An association is considered to control a company if the association, directly or indirectly or acting with one or more other individuals or entities or through one or more subsidiaries:(1)  holds with the power to vote, owns, or controls, or holds proxies representing, more than 25 percent of the voting shares of the company;(2)  controls in any manner the election of a majority of the directors of the company;(3)  is a general partner in the company;  or(4)  has contributed more than 25 percent of the equity capital of the company.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 61.004 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle B - Savings and Loan Associations|Chapter 61 - General Provisions|Section 61.004. Notice of Hearing; Right to Respond

Sec. 61.004.  NOTICE OF HEARING;  RIGHT TO RESPOND.  (a)  Notice of a hearing under this subtitle shall be given to each association and federal association in the county in which the subject matter of the hearing is or will be located, except that notice of a hearing held under an order under Chapter 66 shall be given to each party affected by the order.(b)  Each interested party is entitled to an opportunity to respond and present evidence and argument on each issue involved in a hearing under this subtitle.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 61.005 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle B - Savings and Loan Associations|Chapter 61 - General Provisions|Section 61.005. Record of Proceeding

Sec. 61.005.  RECORD OF PROCEEDING.  On written request by an interested party, the commissioner shall keep a formal record of the proceedings of a hearing under this subtitle.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 61.006 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle B - Savings and Loan Associations|Chapter 61 - General Provisions|Section 61.006. Decision or Order

Sec. 61.006.  DECISION OR ORDER.  (a)  A decision or order adverse to a party who has appeared and participated in a hearing must be in writing and include separately stated findings of fact and conclusions of law on the issues material to the decision or order.  Findings of fact that are stated in statutory language must be accompanied by a concise and explicit statement of the underlying facts supporting the findings.(b)  A decision or order entered after a hearing becomes final and appealable 15 days after the date it is entered unless a party files a motion for rehearing before that date.  If the motion for rehearing is overruled, the decision or order becomes final and appealable on the date the order overruling the motion is entered.(c)  Each party to a hearing shall be promptly notified personally or by mail of a decision, order, or other action taken in respect to the subject matter of the hearing.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 61.007 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle B - Savings and Loan Associations|Chapter 61 - General Provisions|Section 61.007. Fees

Sec. 61.007.  FEES.  The finance commission by rule shall:(1)  set the amount of fees the commissioner charges for:(A)  supervision and examination of associations;(B)  filing an application or other documents;  and(C)  other services the commissioner performs;  and(2)  specify the time and manner of payment of the fees.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 2001, 77th Leg., ch. 867, Sec. 22, eff. Sept. 1, 2001.|
TX Fin Code § 63.001 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle B - Savings and Loan Associations|Chapter 63 - General Powers|Section 63.001. General Corporate Powers

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 association may engage in business as a savings and loan association in any state of the United States to the extent permitted by the laws of that state, either directly or through the ownership of an association incorporated under the laws of another state.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 63.002 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle B - Savings and Loan Associations|Chapter 63 - General Powers|Section 63.002. Enlargement of Powers

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 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.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 63.003 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle B - Savings and Loan Associations|Chapter 63 - General Powers|Section 63.003. Powers of Federal Association

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. Sept. 1, 1997.|
TX Fin Code § 63.004 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle B - Savings and Loan Associations|Chapter 63 - General Powers|Section 63.004. Power to Borrow

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 repayment of the borrowed money.(b)  Except as provided by Subsection (c), an association may borrow from a nongovernmental source an amount exceeding the amount described in Subsection (a)(1) only with the prior written approval of the commissioner.(c)  An association that is a member of a Federal Home Loan Bank may borrow or obtain an advance from that bank in an amount and on terms prescribed by that bank.(d)  An association at any time through action of its board may issue a capital note, debenture, or other capital obligation authorized by rules adopted under Section 11.302.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 63.005 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle B - Savings and Loan Associations|Chapter 63 - General Powers|Section 63.005. Fiscal Agent

Sec. 63.005.  FISCAL AGENT.  (a)  An association may act as fiscal agent of the United States.  An association designated as fiscal agent of the United States by the secretary of the treasury shall act under regulations as required by the secretary and may act as fiscal agent for an instrumentality of the United States.(b)  An association may act as fiscal agent of this state or of a governmental subdivision or instrumentality of this state.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 63.006 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle B - Savings and Loan Associations|Chapter 63 - General Powers|Section 63.006. Power to Act Under Certain Federal Retirement Plans

Sec. 63.006.  POWER TO ACT UNDER CERTAIN FEDERAL RETIREMENT PLANS.  An association or a federal association, to the extent that its charter and applicable federal regulations permit, may:(1)  exercise any power necessary to qualify as a trustee or custodian for:(A)  a retirement plan meeting the requirements of 26 U.S.C. Section 401(d) or 408;  or(B)  a similar plan permitted or recognized by federal law;  and(2)  invest money the association holds as trustee or custodian under Subdivision (1) in the association's savings accounts if the plan does not prohibit that investment.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 63.007 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle B - Savings and Loan Associations|Chapter 63 - General Powers|Section 63.007. Right to Act to Avoid Loss

Sec. 63.007.  RIGHT TO ACT TO AVOID LOSS.  This subtitle or another statute of this state does not deny an association the right to invest its money, operate a business, manage or deal in property, or take other action during any period that is reasonably necessary to avoid loss on a prior loan or investment or on an obligation created in good faith.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 63.008 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle B - Savings and Loan Associations|Chapter 63 - General Powers|Section 63.008. Closing Place of Business

Sec. 63.008.  CLOSING PLACE OF BUSINESS.  An association or a federal savings and loan association operating in this state may close its place of business at any time its board determines.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 63.009 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle B - Savings and Loan Associations|Chapter 63 - General Powers|Section 63.009. Emergency Closing

Sec. 63.009.  EMERGENCY CLOSING.  (a)  If the officers of an association determine that an emergency that affects or may affect the association's offices or operations exists or is impending, the officers, as reasonable, may determine:(1)  not to conduct the involved operations or open the offices on any business or banking day;  or(2)  if the association is open, to close the offices or the involved operations for the duration of the emergency.(b)  Subject to Subsection (c), a closed office or operation under this section shall remain closed until the officers determine that the emergency has ended and for any additional time reasonably required to reopen.(c)  An association that closes an office or an operation under this section shall notify the commissioner of its action by any means available and as promptly as conditions permit.  An office or operation may not be closed for more than 48 consecutive hours, excluding other legal holidays, without the commissioner's approval.(d)  In this section, "emergency" means a condition or occurrence that may interfere physically with the conduct of normal business at the offices of an association or with the conduct of a particular association operation or that poses an imminent or existing threat to the safety or security of persons, property, or both.  The term includes a condition or occurrence arising from:(1)  fire, flood, earthquake, hurricane, tornado, wind, rain, or snowstorm;(2)  labor dispute and strike;(3)  power failure;(4)  transportation failure;(5)  interruption of communication facilities;(6)  shortage of fuel, housing, food, transportation, or labor;(7)  robbery, burglary, or attempted robbery or burglary;(8)  actual or threatened enemy attack;(9)  epidemic or other catastrophe;(10)  riot or civil commotion;  or(11)  any other actual or threatened unlawful or violent act.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 63.010 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle B - Savings and Loan Associations|Chapter 63 - General Powers|Section 63.010. Effect of Closing

Sec. 63.010.  EFFECT OF CLOSING.  (a)  A day on which an association or one or more of its operations is closed under Section 63.009 during all or part of its normal business hours is considered to be a legal holiday to the extent the association suspends operations.(b)  An association or a director, officer, or employee of the association does not incur liability or loss of rights from a closing authorized by this subtitle.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 91.001 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle C - Savings Banks|Chapter 91 - General Provisions|Section 91.001. Short Title

Sec. 91.001.  SHORT TITLE.  This subtitle may be cited as the Texas Savings Bank Act.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 91.003 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle C - Savings Banks|Chapter 91 - General Provisions|Section 91.003. Control; Subsidiary

Sec. 91.003.  CONTROL;  SUBSIDIARY.  (a)  For purposes of this subtitle, a person controls a savings bank if the person has the power to direct or cause the direction of the management and policies of the savings bank directly or indirectly.  A person is considered to control a savings bank if the person, individually or acting with others, directly or indirectly holds with the power to vote, owns, or controls, or holds proxies representing, at least 25 percent of the voting stock or voting rights of a savings bank.(b)  For purposes of this subtitle, a company is a subsidiary of a savings bank if the savings bank or another company directly or indirectly controlled by the savings bank controls the company.  A savings bank is considered to control a company if the savings bank, directly or indirectly or acting with one or more other persons or through one or more subsidiaries:(1)  holds with the power to vote, owns, or controls, or holds proxies representing, more than 25 percent of the voting stock or voting rights of the company;(2)  controls in any manner the election of a majority of the directors of the company;(3)  is a general partner in the company;  or(4)  has contributed more than 25 percent of the equity capital of the company.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 91.004 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle C - Savings Banks|Chapter 91 - General Provisions|Section 91.004. Notice of Hearing; Right to Respond

Sec. 91.004.  NOTICE OF HEARING;  RIGHT TO RESPOND.  (a)  Notice of a hearing under this subtitle shall be given to each domestic and federal savings bank in the county in which the subject matter of the hearing is or will be located, except that notice of a hearing under an order under Chapter 96 shall be given to each party affected by the order.(b)  Each interested party is entitled to an opportunity to respond and present evidence and argument on each issue involved in a hearing under this subtitle.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 91.005 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle C - Savings Banks|Chapter 91 - General Provisions|Section 91.005. Record of Proceeding

Sec. 91.005.  RECORD OF PROCEEDING.  On written request by an interested party, the commissioner shall keep a formal record of the proceedings of a hearing under this subtitle.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 91.006 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle C - Savings Banks|Chapter 91 - General Provisions|Section 91.006. Decision or Order

Sec. 91.006.  DECISION OR ORDER.  (a)  A decision or order adverse to a party who appeared and participated in a hearing must be in writing and include separately stated findings of fact and conclusions of law on the issues material to the decision or order.  Findings of fact that are stated in statutory language must be accompanied by a concise and explicit statement of the underlying facts supporting the findings.(b)  A decision or order entered after a hearing is final and appealable on the 15th day after the date it is entered unless a party files a motion for rehearing before that date.  If the motion for rehearing is overruled, a decision or order is appealable after the date an order overruling a motion for rehearing is entered.(c)  Each party to a hearing shall be promptly notified personally or by mail of a decision, order, or other action taken in respect to the subject matter of the hearing.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.|
TX Fin Code § 91.007 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle C - Savings Banks|Chapter 91 - General Provisions|Section 91.007. Fees

Sec. 91.007.  FEES.  The finance commission by rule shall:(1)  set the amount of fees the commissioner charges for:(A)  supervision and examination of savings banks;(B)  filing an application or other documents;(C)  conducting a hearing;  and(D)  other services the commissioner performs;  and(2)  specify the time and manner of payment of the fees.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 2001, 77th Leg., ch. 867, Sec. 34, eff. Sept. 1, 2001.|
TX Fin Code § 93.001 (2021)
2021 Texas Statutes|Finance Code|Title 3 - Financial Institutions and Businesses|Subtitle C - Savings Banks|Chapter 93 - General Powers|Section 93.001. General Corporate Powers

Sec. 93.001.  GENERAL CORPORATE POWERS.  (a)  A savings bank has the powers authorized by this subtitle and any other right, privilege, or power incidental to or reasonably necessary to accomplish the purposes of the savings bank.(b)  With the commissioner's prior approval, a savings bank may engage in business as a savings bank in any state of the United States to the extent permitted by the laws of that state, either directly or through the ownership of a savings bank incorporated under the laws of another state.(c)  A savings bank may:(1)  sue and be sued in its corporate name;(2)  adopt and operate a reasonable bonus plan, profit-sharing plan, stock bonus plan, stock option plan, pension plan, or similar incentive plan for its directors, officers, or employees, subject to any limitations under this subtitle or rules adopted under this subtitle;(3)  make reasonable donations for the public welfare or for a charitable, scientific, religious, or educational purpose;(4)  pledge its assets to secure deposits of public money of the United States, if required by the United States, including revenue and money the deposit of which is subject to control or regulation of the United States;(5)  pledge its assets to secure deposits of public money of any state or of a political corporation or political subdivision of any state or of any other entity that serves a public purpose according to rules adopted by the finance commission;(6)  become a member of or deal with any corporation or agency of the United States or this state, to the extent that the corporation or agency assists in furthering the purposes or powers of savings banks, and for that purpose may purchase stock or securities of the corporation or agency or deposit money with the corporation or agency and may comply with any other condition of membership credit;(7)  become a member of a federal home loan bank or the Federal Reserve System;(8)  hold title to any assets acquired because of the collection or liquidation of a loan, investment, or discount and may administer those assets as necessary;(9)  receive and repay any deposit or account in accordance with this subtitle and rules of the finance commission;  and(10)  lend and invest its money as authorized by this subtitle and rules of the finance commission.|Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.  Amended by Acts 2001, 77th Leg., ch. 867, Sec. 50, eff. Sept. 1, 2001.Amended by: Acts 2005, 79th Leg., Ch. 1018 (H.B. 955), Sec. 5.16, eff. September 1, 2005.|