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TITLE 7BANKING AND SECURITIES
PART 7STATE SECURITIES BOARD
CHAPTER 109TRANSACTIONS EXEMPT FROM REGISTRATION
RULE §109.17Banks under the Securities Act, §4005.016
(a) The phrase "a savings and loan association organized and subject to regulation under the laws of this State" shall include any Texas state chartered savings bank.

(b) The phrase "a federal savings and loan association" shall include any federally chartered savings bank.

(c) The phrase "a bank organized and subject to regulation under the laws of . . ." shall include any Texas state chartered limited banking association.
Source Note: The provisions of this §109.17 adopted to be effective August 28, 1992, 17 TexReg 5681; amended to be effective December 20, 1993, 18 TexReg 9093; amended to be effective June 8, 1994, 19 TexReg 4195; amended to be effective July 18, 2024, 49 TexReg 5141

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