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2025 Texas Statutes
Finance Code
Title 3 - Financial Institutions and Businesses
Subtitle B - Savings and Loan Associations
Chapter 63 - General Powers
Section 63.002. Enlargement of Powers
Universal Citation:
TX Fin Code § 63.002 (2025)
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Sec. 63.002. ENLARGEMENT OF POWERS. Notwithstanding any other provision of this subtitle, an association may:
(1) perform a function or engage in an activity, including making a loan or investment, to the same extent as a federal association;
(2) raise capital in the same manner and form as a federal association;
(3) issue a certificate in the same form as a federal association; or
(4) pay a dividend, earnings, or interest on a certificate in the same manner as a federal association.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
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