{"data":{"id":"us-tx/tex.-finance-code-64.001","jurisdiction":"us-tx","citation":"Tex. Finance Code § 64.001","heading":"ADOPTION OF RULES.","body":"(a) The finance commission shall adopt rules relating to the power of associations operating under this subtitle to make loans and investments.\n(b) Rules adopted under this section must contain provisions reasonably necessary to ensure that:\n(1) a loan made by an association is consistent with sound lending practices; and\n(2) an investment made by an association promotes the purposes of this subtitle.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 867, Sec. 28, eff. Sept. 1, 2001.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE B. SAVINGS AND LOAN ASSOCIATIONS","CHAPTER 64. LOANS AND INVESTMENTS","SUBCHAPTER A. GENERAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.64.htm#64.001","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"c4ddee12ee70523889c1d984db4b32cc94d9001621dc0ce537cbc01c68a078aa","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-63.010","next":"us-tx/tex.-finance-code-64.002"},"notice":"GroundRules: Original legal text. Not legal advice."}
