Rules adopted under this subchapter may include provisions governing:

1. (1) types of loans an association may originate, make, or sell;
2. (2) conditions under which an association may originate, make, or sell a loan;
3. (3) conditions under which an association may purchase or participate in a loan made by another lender;
4. (4) conditions for servicing a loan for another lender;
5. (5) conditions under which an association may lend money on the security of a loan made by another lender;
6. (6) conditions under which an association may pledge a loan held by the association as collateral for money borrowed by the association;
7. (7) conditions under which an association may invest in securities and debt instruments;
8. (8) documentation that an association must have in the association's loan files when the association funds, purchases, or participates in a loan;
9. (9) the form and content of statements of expenses, fees, and other charges paid, or required to be paid, by a borrower;
10. (10) title information required to be maintained in force;
11. (11) insurance coverage required to be provided by a borrower for property that secures a loan;
12. (12) appraisal reports;
13. (13) financial statements of borrowers;
14. (14) fees or other compensation that may be paid to an officer, director, employee, affiliated person, consultant, or third party in connection with procuring a loan for an association;
15. (15) conditions under which an association may advance money to pay taxes, assessments, insurance premiums, and similar charges for the protection of the association's interest in property securing a loan;
16. (16) terms under which an association may acquire and deal in real property;
17. (17) valuation on an association's books of real property held by the association;
18. (18) terms governing an association's investment in a subsidiary corporation;
19. (19) powers that may be exercised by a subsidiary of an association; and
20. (20) any other matter necessary for proper administration of transactions conducted by an association.

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.