This is a clone of the Texas Administrative Code (TAC) for educational purposes. It is not the official version and should not be used for legal purposes. Site created Wed, 21 May 2025 21:16:37 GMT
(a) An advertisement published by or on behalf of a trust company may not include the following:(1) a guaranteed rate of return or interest rate on funds deposited in trust;(2) a statement that tends to deceive or mislead the public; or(3) a term that may deceive the public into belief that the trust company is engaged in the banking business.(b) Advertisements published by or on behalf of a trust company must be retained in the trust company's records for examination by department personnel.(c) A trust company that violates this section is subject to an enforcement action initiated by the banking commissioner under Finance Code, §§185.001, et seq.