- (a) An association, when authorized by its board of directors, shall apply to the Savings and Loan Department to establish or use remote service units or participate in the use of such with another financial institution.
(b) A remote service unit or units may offer to the public the following financial services:
- (1) crediting or debiting such existing accounts as the association may designate;
- (2) crediting payments on loans; and
- (3) such other financial services offered by the association as may be appropriately rendered by such means.
- (c) The Savings and Loan Department hereby adopts by reference the application for a remote service unit. The form is available from the Texas Savings and Loan Department, 2601 North Lamar Boulevard, Suite 201, Austin, Texas 78705.
Source Note:The provisions of this §53.12 adopted to be effective March 31, 1981, 6 TexReg 935; amended to be effective September 1, 1987, 12 TexReg 2716.