Texas Administrative Code (Last Updated: March 27,2024) |
TITLE 7. BANKING AND SECURITIES |
PART 4. DEPARTMENT OF SAVINGS AND MORTGAGE LENDING |
CHAPTER 75. SAVINGS BANKS |
SUBCHAPTER D. LOANS, INVESTMENTS, SAVINGS, AND DEPOSITS |
DIVISION 1. AUTHORIZED LOANS AND INVESTMENTS |
SECTION 75.306. Loans to and Transactions with Officers, Directors, Affiliated Persons, and Employees
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All transactions, including loans, involving officers, directors, affiliated persons, controlling persons or employees are subject to the requirements of Federal Reserve Board Regulations O and W, which sections are hereby incorporated by reference. The Department will monitor and enforce compliance with such provisions.
Source Note: The provisions of this §75.306 adopted to be effective November 20, 2022, 47 TexReg 7535