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TITLE 7BANKING AND SECURITIES
PART 4DEPARTMENT OF SAVINGS AND MORTGAGE LENDING
CHAPTER 75SAVINGS BANKS
SUBCHAPTER DLOANS, INVESTMENTS, SAVINGS, AND DEPOSITS
DIVISION 3SAVINGS AND DEPOSITS
RULE §75.332Pledging of Assets to Secure Deposits of Certain Public Purpose Entities

A savings bank may pledge its assets to secure the deposits of:

  (1) the United States government or any instrumentality thereof;

  (2) any State or political subdivision, agency, or instrumentally thereof;

  (3) any local municipality, agency, or instrumentally thereof;

  (4) any federally-recognized Indian tribe; or

  (5) any other entity, as required by state or federal law, or court order.
Source Note: The provisions of this §75.332 adopted to be effective November 20, 2022, 47 TexReg 7535

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