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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) A foreign association operating under a certificate of authority has the rights and privileges of an association created under this subtitle. The association's accounts are eligible for investment to the same extent as those of a domestic association.
(b) A foreign association may not be considered an association organized under the laws of this state.
(c) A foreign association operating in this state under this chapter may not exercise a power, perform a function, or offer a service that a domestic association may not exercise, perform, or offer.
Cite this article: FindLaw.com - Texas Finance Code - FIN § 67.101. Powers of Foreign Association; Eligibility of Accounts for Investment - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-67-101/
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