{"data":{"id":"us-tx/tex.-finance-code-64.002","jurisdiction":"us-tx","citation":"Tex. Finance Code § 64.002","heading":"CONTENT OF RULES.","body":"Rules adopted under this subchapter may include provisions governing:\n(1) types of loans an association may originate, make, or sell;\n(2) conditions under which an association may originate, make, or sell a loan;\n(3) conditions under which an association may purchase or participate in a loan made by another lender;\n(4) conditions for servicing a loan for another lender;\n(5) conditions under which an association may lend money on the security of a loan made by another lender;\n(6) conditions under which an association may pledge a loan held by the association as collateral for money borrowed by the association;\n(7) conditions under which an association may invest in securities and debt instruments;\n(8) documentation that an association must have in the association's loan files when the association funds, purchases, or participates in a loan;\n(9) the form and content of statements of expenses, fees, and other charges paid, or required to be paid, by a borrower;\n(10) title information required to be maintained in force;\n(11) insurance coverage required to be provided by a borrower for property that secures a loan;\n(12) appraisal reports;\n(13) financial statements of borrowers;\n(14) fees or other compensation that may be paid to an officer, director, employee, affiliated person, consultant, or third party in connection with procuring a loan for an association;\n(15) conditions under which an association may advance money to pay taxes, assessments, insurance premiums, and similar charges for the protection of the association's interest in property securing a loan;\n(16) terms under which an association may acquire and deal in real property;\n(17) valuation on an association's books of real property held by the association;\n(18) terms governing an association's investment in a subsidiary corporation;\n(19) powers that may be exercised by a subsidiary of an association; and\n(20) any other matter necessary for proper administration of transactions conducted by an association.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","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#64.002","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"5413cd09ab7b04eb6a9ff0e5bea9908b76c8869922c25c681421433717f728e2","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-64.001","next":"us-tx/tex.-finance-code-64.003"},"notice":"GroundRules: Original legal text. Not legal advice."}