Tex. Finance Code § 183.202

This is the official text of Tex. Finance Code § 183.202, part of Texas’s Finance Code — regulates banks and other financial institutions.

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§ 183.202. FILING OF NOTICE OF FULL LIABILITY.

Official statutory text

(a) A limited trust association shall file with the banking commissioner a copy of any participation agreement by which a participant of the limited trust association agrees to become a full liability participant and the name and address of each full liability participant. Only the portion of the filed copy containing the designation of each full liability participant is a public record.

(b) The banking commissioner may require a complete copy of the participation agreement to be filed with the department, regardless of whether a state trust company has a full liability participant, except that the provisions of the participation agreement other than those by which a participant of the limited trust association agrees to become a full liability participant are confidential and subject to release only as provided by Subchapter D, Chapter 181.

Status: in_force · Read it on the official government site

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