Tex. Fin. Code Section 204.104
No Concurrent Federal Branch or Agency


(a)

A foreign bank licensed under this subchapter to establish and maintain a Texas state branch or agency may not concurrently maintain a federal branch or federal agency in this state.

(b)

A foreign bank which maintains a federal branch or federal agency in this state may not concurrently be licensed under this subchapter to maintain a Texas state branch or agency.
Added by Acts 1999, 76th Leg., ch. 344, Sec. 1.001, eff. Sept. 1, 1999.

Source: Section 204.104 — No Concurrent Federal Branch or Agency, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­204.­htm#204.­104 (accessed May 18, 2024).

Accessed:
May 18, 2024

§ 204.104’s source at texas​.gov