7 Tex. Admin. Code § 75.332 - Pledging of Assets to Secure Deposits of Certain Public Purpose Entities
A savings bank may pledge its assets to secure the deposits of:
(1) the United States government or any instrumentality thereof;
(2) any State or political subdivision, agency, or instrumentally thereof;
(3) any local municipality, agency, or instrumentally thereof;
(4) any federally-recognized Indian tribe; or
(5) any other entity, as required by state or federal law, or court order.
Filed with the Office of the Secretary of State on August 22, 2022.
TRD-202203176
Iain A. Berry
Deputy General Counsel
Department of Savings and Mortgage Lending
Earliest possible date of adoption: October 2, 2022
For further information, please call: (512) 475-1535
Notes
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