Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 7. BANKING AND SECURITIES |
PART 1. FINANCE COMMISSION OF TEXAS |
CHAPTER 3. STATE BANK REGULATION |
SUBCHAPTER A. SECURITIES ACTIVITIES AND SUBSIDIARIES |
SECTION 3.2. Investment and Financial Advisory Services
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A state-chartered bank may provide investment and financial advisory services including professional asset management services and services as an adviser in connection with mergers, acquisitions, and divestitures. A state bank may also serve as a dealer-manager in connection with tender offers.
Source Note: The provisions of this §3.2 adopted to be effective August 19, 1985, 10 TexReg 2542.