Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 67.101 - Powers of Foreign Association; Eligibility of Accounts for Investment(a) A foreign association operating under a certificate of authority has the rights and privileges of an association created under this subtitle. The association's accounts are eligible for investment to the same extent as those of a domestic association.(b) A foreign association may not be considered an association organized under the laws of this state.(c) A foreign association operating in this state under this chapter may not exercise a power, perform a function, or offer a service that a domestic association may not exercise, perform, or offer. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.