SB 463, 61st R.S.
Relating to amending the Texas Banking Code relating to qualifications of state bank examiners; providing for examination of state banks; pertaining to stock option plans for state banks; relating to the investment and leasing powers of state banks; limiting the authority of state banks to make certain loans upon the security of real estate or to invest funds in obligations secured by real estate; relating to the acquisition of their shares of stock by state banks for the purpose of fulfilling stock option plans; pertaining to limits of indebtedness or liability to any state bank and exceptions to such limits; relating to the cash reserves of state banks and providing punishment for violations.
Author: James Powell Word
Subjects:
Financial--Banks
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