SECTION 60.224. Misdescription of Transactions

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A savings association may not, either directly or indirectly, knowingly make any entry on its books that is not accurate or otherwise fails to appropriately describe the transaction, or withholds information material to the transaction.

Source Note: The provisions of this §60.224 adopted to be effective July 16, 2023, 48 TexReg 3644

                    
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