In this subchapter:

1. (1) "Financial institution" means:

   1. (A) a bank as defined for any purpose by Section 201.002(a)(4), whether chartered under the laws of this state, another state, the United States, or another country, including a state savings bank;
   2. (B) a savings and loan association chartered under Chapter 62 or similar laws of another state;
   3. (C) a federal savings and loan association, federal savings bank, or federal credit union;
   4. (D) a credit union chartered under Chapter 122 or similar laws of another state; or
   5. (E) a trust company chartered under the laws of this state or another state.

2. (2) "Out-of-state financial institution" means a financial institution that:

   1. (A) is not chartered under the laws of this state; and
   2. (B) has its main or principal office in another state or country.

3. (3) "Texas financial institution" means a financial institution that:

   1. (A) is chartered under the laws of this state or under federal law; and
   2. (B) has its main or principal office in this state.

Added by Acts 1999, 76th Leg., ch. 344, Sec. 1.001, eff. Sept. 1, 1999.