Tex. Fin. Code Section 94.252
Inapplicability of Limitations

The limitations under Section 94.251 (Limitations on Investment in Equity Securities) do not apply to an equity security issued by:

(1)

a United States government-sponsored corporation, including the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, and the Student Loan Marketing Association; or

(2)

a service corporation, an operating subsidiary, or a finance subsidiary of the savings bank.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Source: Section 94.252 — Inapplicability of Limitations, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­94.­htm#94.­252 (accessed May 11, 2024).

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Accessed:
May 11, 2024

§ 94.252’s source at texas​.gov