GroundRules
← Search the law
Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 204.104: NO CONCURRENT FEDERAL BRANCH OR AGENCY.

Read at publisher ↗
Where this section sits in the code
  1. FINANCE CODE
  2. TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
  3. SUBTITLE G. BANK HOLDING COMPANIES; INTERSTATE BANK OPERATIONS
  4. CHAPTER 204. FOREIGN BANKS
  5. SUBCHAPTER B. DIRECT BRANCH AND AGENCY OFFICES OF FOREIGN BANKS

(a) A foreign bank licensed under this subchapter to establish and maintain a Texas state branch or agency may not concurrently maintain a federal branch or federal agency in this state.

(b) A foreign bank which maintains a federal branch or federal agency in this state may not concurrently be licensed under this subchapter to maintain a Texas state branch or agency.

Added by Acts 1999, 76th Leg., ch. 344, Sec. 1.001, eff. Sept. 1, 1999.

Collected 2026-08-27T01:47:13Z. Source file · JSON

Browse this collection