Texas Register, Volume 49, Number 10, Pages 1349-1556, March 8, 2024 Page: 1,457

                                
CQIDOPTED
S   Adopted rules include new rules, amendments to existing rules, and repeals of exist
L      S   rules. A rule adopted by a state agency takes effect 20 days after the date on which
filed with the Secretary of State unless a later date is required by statute or specified
the rule (Government Code, 2001.036). If a rule is adopted without change to the text of the proposed rule, then t
Texas Register does not republish the rule text here. If a rule is adopted with change to the text of the proposed rule, th
the final rule text is included here. The final rule text will appear in the Texas Administrative Code on the effective dal

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TITLE 7. BANKING AND SECURITIES
PART 2. TEXAS DEPARTMENT OF
BANKING
CHAPTER 15. CORPORATE ACTIVITIES
The Finance Commission of Texas (the commission), on behalf
of the Texas Department of Banking (the department), adopts
amendments to Chapter 15 of Title 7 of the Texas Administra-
tive Code, concerning loans and investments by state banks.
Sections 15.1, 15.3, 15.4, 15.5, 15.6, 15.7, 15.103, 15.121,
and 15.122 are the affected sections. These amendments are
adopted without changes to the proposed text as published in
the December 29, 2023, issue of the Texas Register (48 TexReg
8077). The amended rules will not be republished.
The amendments conform these rules to changes in applicable
Texas law, federal regulation, and accounting standards. The
amendments do not materially change the requirements of the
rules.
The department received no comments regarding the proposed
amendments.
SUBCHAPTER A. FEES AND OTHER

PROVISIONS OF GENERAL APPLICABILITY
7 TAC 15.1, 15.3 - 15.7
The amendments are adopted pursuant to Finance Code
11.301, which authorizes the commission to adopt rules ap-
plicable to state banks, and Finance Code, 31.003, which
authorizes the commission to adopt rules necessary to preserve
or protect the safety and soundness of state banks.
This adoption affects the statutes administered and enforced by
the department's commissioner with respect to state banks, con-
tained in Finance Code, Subtitle A. No other statutes are affected
by this adoption.
The agency certifies that legal counsel has reviewed the adop-
tion and found it to be a valid exercise of the agency's legal au-
thority.
Filed with the Office of the Secretary of State on February 21,
2024.
TRD-202400730
Robert K. Nichols, Ill
General Counsel
Texas Department of Banking
Effective date: March 12, 2024
Proposal publication date: December 29, 2023
For further information, please call: (512) 475-1301

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SUBCHAPTER F. APPLICATIONS FOR
MERGER, CONVERSION, AND PURCHASE OR
SALE OF ASSETS
7 TAC 15.103
The amendments are adopted pursuant to Finance Code
11.301, which authorizes the commission to adopt rules ap-
plicable to state banks, and Finance Code, 31.003, which
authorizes the commission to adopt rules necessary to preserve
or protect the safety and soundness of state banks.
This adoption affects the statutes administered and enforced by
the department's commissioner with respect to state banks, con-
tained in Finance Code, Subtitle A. No other statutes are affected
by this adoption.
The agency certifies that legal counsel has reviewed the adop-
tion and found it to be a valid exercise of the agency's legal au-
thority.
Filed with the Office of the Secretary of State on February 21,
2024.

TRD-202400731
Robert K. Nichols, Ill
General Counsel
Texas Department of Banking
Effective date: March 12, 2024
Proposal publication date: December 29, 2023
For further information, please call: (512) 475-1301
SUBCHAPTER G. CHARTER AMENDMENTS
AND CERTAIN CHANGES IN OUTSTANDING
STOCK
7 TAC 15.121, 15.122
The amendments are adopted pursuant to Finance Code
11.301, which authorizes the commission to adopt rules ap-
plicable to state banks, and Finance Code, 31.003, which
authorizes the commission to adopt rules necessary to preserve
or protect the safety and soundness of state banks.
This adoption affects the statutes administered and enforced by
the department's commissioner with respect to state banks, con-
tained in Finance Code, Subtitle A. No other statutes are affected
by this adoption.

ADOPTED RULES     March 8, 2024 49 TexReg 1457