Texas Administrative Code
Title 7 - BANKING AND SECURITIES
Part 4 - DEPARTMENT OF SAVINGS AND MORTGAGE LENDING
Chapter 60 - SAVINGS ASSOCIATIONS
Subchapter C - OPERATIONS
Division 3 - CAPITAL AND CAPITAL OBLIGATIONS
Section 60.234 - Joint Issuance of Capital Obligations
Universal Citation: 7 TX Admin Code ยง 60.234
Current through Reg. 49, No. 38; September 20, 2024
Joint Issuance of Capital Obligations. On the same terms and conditions as stated in § 60.171 of this title (relating to Capital Notes and Debentures), a savings association may, by resolution of its board and with prior approval of the Commissioner, join other savings associations in the joint issuance of capital notes, debentures, bonds, or other secured or unsecured capital obligations.
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