Tex. Fin. Code Section 201.101
Definitions

In this subchapter:

(1)

“Financial institution” means:

(A)

a bank as defined for any purpose by Section 201.002 (Definitions)(a)(4), whether chartered under the laws of this state, another state, the United States, or another country, including a state savings bank;

(B)

a savings and loan association chartered under Chapter 62 (Organizational and Financial Requirements) or similar laws of another state;

(C)

a federal savings and loan association, federal savings bank, or federal credit union;

(D)

a credit union chartered under Chapter 122 (Organizational and Financial Requirements) or similar laws of another state; or

(E)

a trust company chartered under the laws of this state or another state.

(2)

“Out-of-state financial institution” means a financial institution that:

(A)

is not chartered under the laws of this state; and

(B)

has its main or principal office in another state or country.

(3)

“Texas financial institution” means a financial institution that:

(A)

is chartered under the laws of this state or under federal law; and

(B)

has its main or principal office in this state.
Added by Acts 1999, 76th Leg., ch. 344, Sec. 1.001, eff. Sept. 1, 1999.

Source: Section 201.101 — Definitions, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­201.­htm#201.­101 (accessed May 4, 2024).

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Accessed:
May 4, 2024

§ 201.101’s source at texas​.gov