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Home > Title 7 > Part 4 > Chapter 75 >Subchapter D > Rule 75.332
TITLE 7 - BANKING AND SECURITIES
PART 4 - DEPARTMENT OF SAVINGS AND MORTGAGE LENDING
CHAPTER 75 - SAVINGS BANKS
SUBCHAPTER D - LOANS, INVESTMENTS, SAVINGS, AND DEPOSITS
SECTION/RULE §75.332 - Pledging of Assets to Secure Deposits of Certain Public Purpose Entities
Chapter Review Date 08/22/2022

A savings bank may pledge its assets to secure the deposits of:(1) the United States government or any instrumentality thereof;(2) any State or political subdivision, agency, or instrumentally thereof;(3) any local municipality, agency, or instrumentally thereof;(4) any federally-recognized Indian tribe; or(5) any other entity, as required by state or federal law, or court order.

Source Note: The provisions of this §75.332 adopted to be effective November 20, 2022, 47 TexReg 7535.

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