Section 64.002 - Content of Rules Rules adopted under this subchapter may include provisions governing:
(1) types of loans an association may originate, make, or sell;(2) conditions under which an association may originate, make, or sell a loan;(3) conditions under which an association may purchase or participate in a loan made by another lender;(4) conditions for servicing a loan for another lender;(5) conditions under which an association may lend money on the security of a loan made by another lender;(6) conditions under which an association may pledge a loan held by the association as collateral for money borrowed by the association;(7) conditions under which an association may invest in securities and debt instruments;(8) documentation that an association must have in the association's loan files when the association funds, purchases, or participates in a loan;(9) the form and content of statements of expenses, fees, and other charges paid, or required to be paid, by a borrower;(10) title information required to be maintained in force;(11) insurance coverage required to be provided by a borrower for property that secures a loan;(13) financial statements of borrowers;(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) 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) terms under which an association may acquire and deal in real property;(17) valuation on an association's books of real property held by the association;(18) terms governing an association's investment in a subsidiary corporation;(19) powers that may be exercised by a subsidiary of an association; and(20) any other matter necessary for proper administration of transactions conducted by an association. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.