Finance Code § 341.103

The savings and mortgage lending commissioner must enforce this subtitle for certain state savings associations, state savings banks, and Chapter 156 and 157 licensees/registrants. A comparable federal official may enforce it for federal savings associations.

Jurisdiction: United States — Texas
Instrument: Code
Version: Undated source snapshot
Language: en
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institution supervision licensing

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Provisions of Finance Code § 341.103

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341.103
Finance Code § 341.103
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The savings and mortgage lending commissioner must enforce this subtitle for certain state savings associations, state savings banks, and Chapter 156 and 157 licensees/registrants. A comparable federal official may enforce it for federal savings associations.

Sec. 341.103. REGULATION OF SAVINGS INSTITUTIONS, LICENSED MORTGAGE BROKERS AND LOAN OFFICERS, AND REGISTERED MORTGAGE BANKERS AND LICENSED LOAN OFFICERS. (a) The savings and mortgage lending commissioner shall enforce this subtitle relating to the regulation of: (1) state savings associations operating under this subtitle; (2) state savings banks operating under this subtitle; (3) persons licensed under Chapter 156; and (4) persons registered or licensed under Chapter 157. (b) The official exercising authority over the operation of federal savings associations equivalent to the authority exercised by the savings and mortgage lending commissioner over state savings associations may enforce this subtitle relating to the regulation of a federal savings association operating under this subtitle. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 344, Sec. 2.034, eff. Sept. 1, 1999. Amended by: Acts 2007, 80th Leg., R.S., Ch. 905 (H.B. 2783), Sec. 11, eff. September 1, 2007. Acts 2007, 80th Leg., R.S., Ch. 905 (H.B. 2783), Sec. 12, eff. September 1, 2007. Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 6.060, eff. September 1, 2007. Acts 2009, 81st Leg., R.S., Ch. 1147 (H.B. 2779), Sec. 9, eff. April 1, 2010. Acts 2009, 81st Leg., R.S., Ch. 1147 (H.B. 2779), Sec. 10, eff. April 1, 2010.

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Finance Code § 341.103

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Provisions of Finance Code § 341.103

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