This document, part of the Texas Administrative Code, specifically the section on Chartering, Operations, Mergers, and Liquidations of Credit Unions, outlines the requirements for credit unions to exercise due diligence in discovering, investigating, and reporting criminal activity that affects them. The credit unions are required to provide written notice to the Department within 30 calendar days for known or suspected criminal violations, including insider abuse involving any amount, other transactions aggregating $5,000 or more that may involve money laundering or violations of the Bank Secrecy Act, and losses resulting from robbery or burglary.

The provided legal document content covers various aspects of the ownership, management, and disposal of Other Real Estate Owned (OREO) by state banks in Texas. It provides definitions for key terms related to OREO and outlines the circumstances under which a state bank may acquire OREO. The document also establishes appraisal requirements, additional expenditures, holding period requirements, and methods of disposing of OREO. Furthermore, the document discusses the investment limits for state banks in Texas, including the definition of ‘unimpaired capital and surplus’ and the determination of investment limits.

The provided legal document governs the handling of confidential information by the Texas Department of Banking. It applies to various entities including financial institutions, applicants, shareholders, participants, officers, directors, managers, affiliates, and service providers. The document recognizes the importance of confidentiality in financial institutions’ financial condition and business affairs while also considering the public’s need for information. Confidential information is defined as written and oral information obtained by the department regarding the financial condition or business affairs of the mentioned entities.

The provided legal document content covers various aspects related to savings and deposit accounts, user safety at unmanned teller machines, issuance of capital obligations by associations, method of computing dividends for associations, and distribution and payment of earnings on savings or deposit accounts by associations. The documents govern the authorization and requirements for deposit accounts for state-chartered associations, including the need for resolutions and bylaw amendments. They also require the submission of certificates and/or savings account forms for review.

This legal document governs the reorganization of a savings bank as a mutual holding company. It specifies the requirements and procedures for a savings bank to reorganize as a mutual holding company, including the submission of an application to the Commissioner, the proposed certificate of formation and bylaws for the subsidiary savings bank and mutual holding company, and the complete plan of reorganization. The Commissioner may conduct an examination of the applicant savings bank and approve the reorganization without a hearing if certain conditions are met.

The provided legal document content pertains to savings and deposits in the context of Texas Administrative Code. It states that a savings bank is allowed to pledge its assets to secure deposits from various entities, including the United States government, state or political subdivisions, local municipalities, federally-recognized Indian tribes, and other entities as required by state or federal law or court order. The document does not mention any specific exemptions or penalties related to savings and deposits.

The provided legal document content covers various aspects related to the Texas Credit Union Department, including the submission of petitions for rulemaking proceedings, establishment and operation of advisory committees, acceptance of gifts of money or property, management and oversight of related entities by credit unions, reimbursement of legal expenses for credit unions, charges for obtaining public records, fees and charges applicable to credit unions, and the contracting process for professional or personal services.

(1) A bank or bank holding company shall notify the Commissioner of Financial Institutions of its intent to acquire or establish a subsidiary that: (a) sells, distributes or underwrites stocks, bonds, debentures, notes, or other securities; (b) acts as an investment advisor to any investment company; (c) conducts any activity for which the subsidiary is required to register with the Securities and Exchange Commission as a broker-dealer; or (d) engages in any other securities activity.

This document outlines the federal laws that are applicable to banks subject to the jurisdiction of the Department of Financial Institutions in Utah. The laws include the Truth in Lending Act, Equal Credit Opportunity Act, Truth in Savings Act, Bank Secrecy Act, Federal Deposit Insurance Corporation Improvement Act, Federal Reserve Act, Real Estate Settlement Procedures Act, Fair Credit Reporting Act, Expedited Funds Availability Act, Electronic Fund Transfers Act, and Community Reinvestment Act.

The provided legal document content outlines the federal laws applicable to banks under the jurisdiction of the Department of Financial Institutions in Utah. These laws cover various aspects of banking operations, including lending practices, credit reporting, fund availability, real estate lending standards, and safety and soundness standards. The document does not mention any specific exemptions or penalties for non-compliance or violation of these laws.