<<Prev Rule | Texas Administrative Code |
Next Rule>> |
TITLE 7 | BANKING AND SECURITIES |
PART 1 | FINANCE COMMISSION OF TEXAS |
CHAPTER 3 | STATE BANK REGULATION |
SUBCHAPTER A | SECURITIES ACTIVITIES AND SUBSIDIARIES |
RULE §3.1 | Private Placement of Securities |
A state-chartered bank may engage in private placement transactions by acting as broker and bringing together buyers and sellers of privately placed instruments. The term "private placement transactions" means: |
Source Note: The provisions of this §3.1 adopted to be effective August 19, 1985, 10 TexReg 2542; amended to be effective May 17, 1996, 21 TexReg 3929; amended to be effective September 8, 2022, 47 TexReg 5328 |