tx-July32026-11: 7 TAC §75.1, §75.2 — Savings Banks
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§75.2 Statutory Authority This proposal is made under the authority of Finance Code: §11.302, authorizing the commission to adopt rules applicable to savings banks; and §96.002(a), authorizing the commission to adopt rules necessary to supervise and regulate Texas-chartered savings banks and to protect public investment in Texas-chartered savings banks. §75.2 is also proposed under the authority of, and to implement, Finance Code §91.002. This proposal affects the statutes in Finance Code Title 3, Subtitle C. § 75.1. Purpose and Applicability. This chapter governs the chartering, administration, and operations of [a] Texas-chartered savings banks [bank], including the affiliates and third-party service providers of a savings bank and the registration of savings bank holding companies under Finance Code Title 3, Subtitle C, the Texas Savings Bank Act (Finance Code §91.001 et seq.). § 75.2. Definitions. As used in this chapter, and in SML's [the Commissioner's] administration and enforcement of Finance Code Title 3, Subtitle C, the following definitions apply [words and terms are assigned the following meanings], unless the context clearly indicates otherwise. (1) - (2) (No...
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