{"data":{"id":"us-tx/tex.-finance-code-34.107","jurisdiction":"us-tx","citation":"Tex. Finance Code § 34.107","heading":"ENGAGING IN COMMERCE PROHIBITED.","body":"(a) A state bank may not buy, sell, or otherwise deal in goods in trade or commerce or own or operate a business not part of the business of banking except:\n(1) as necessary to avoid or minimize a loss on a loan or investment previously made in good faith; or\n(2) as otherwise provided by this subtitle or rules adopted under this subtitle.\n(b) Engaging in an approved activity, directly or through a subsidiary, that is a financial activity or incidental or complementary to a financial activity, whether as principal or agent, is not considered to be engaging in commerce.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 528, Sec. 11, eff. Sept. 1, 2001.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE A. BANKS","CHAPTER 34. INVESTMENTS, LOANS, AND DEPOSITS","SUBCHAPTER B. INVESTMENTS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.34.htm#34.107","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"9343a36f09c20693dbcf0d88a45c1d94fad37c9307b373bbcf0c6f7a2c0cd1ec","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-34.106","next":"us-tx/tex.-finance-code-34.201"},"notice":"GroundRules: Original legal text. Not legal advice."}