7 Tex. Admin. Code § 53.2
Types of Additional Offices
Effective Jan 2, 201438 TexReg 9487Source Note: The provisions of this §53.2 adopted to be effective January 1, 1976; amended to be effective July 13, 1983, 8 TexReg 2345; amended to be effective November 21, 1994, 19 TexReg 8861; amended to be effective January 2, 2014, 38 TexReg 9487.Texas Secretary of State
Subject to the provisions of §§53.1 - 53.5 of this chapter, the following types of additional offices may be established and maintained by a savings association:
- (1) Branch offices at which the association may transact any business that could be done in the home office;
- (2) Loan production offices (loan offices) at which the association, may transact business, as provided by §53.5(a) of this chapter, but at which no other business of the association is transacted;
- (3) Mobile facilities at which the association may transact any business of the association that could be done in the home office. A detailed record of the transactions at such facility shall be maintained;
- (4) Administrative offices at which the association may transact administrative functions of the association, as provided by §53.5(b) of this chapter, but at which no other business of the association is transacted. Such office may be located separate and apart from the location of any other facility of the association. All original records of the association shall be present and maintained at all times at the home office of the association;
- (5) Courier/messenger service to transport items relevant to the association's transactions with its customers, including courier services between financial institutions; and
- (6) Deposit production offices at which the association may transact business, as provided by §53.5(c) of this chapter, but at which no other business of the association is transacted.
Source Note:The provisions of this §53.2 adopted to be effective January 1, 1976; amended to be effective July 13, 1983, 8 TexReg 2345; amended to be effective November 21, 1994, 19 TexReg 8861; amended to be effective January 2, 2014, 38 TexReg 9487.