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SB 486, 44th R.S.

Relating to authorizing certain banking institutions to take advantage of loans, contracts, grants, made available by the Federal Banking Act creating federal deposit insurance.

Author: Kenneth Mills Regan

Session Law Chapter:
Acts 1935, 44th R.S.,ch. 183, General Laws of Texas

Gubernatorial documents:

Submitting emergency matters relating to banks and banking to the 44th Legislature: authorization for Federal Deposit Insurance Corporation (FDIC) to be appointed receiver of closed state banks; authorization for state banks to issue capital notes and debentures, subject to approval of the Banking Commissioner; and exemption for banks from furnishing security for public deposits (HB 929-931, SB 484-486, noting SB 361)

Subjects:
Financial--Banks

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