Tex. Finance Code § 204.104
This is the official text of Tex. Finance Code § 204.104, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 204.104. NO CONCURRENT FEDERAL BRANCH OR AGENCY.
Official statutory text
(a) A foreign bank licensed under this subchapter to establish and maintain a Texas state branch or agency may not concurrently maintain a federal branch or federal agency in this state.
(b) A foreign bank which maintains a federal branch or federal agency in this state may not concurrently be licensed under this subchapter to maintain a Texas state branch or agency.
(b) A foreign bank which maintains a federal branch or federal agency in this state may not concurrently be licensed under this subchapter to maintain a Texas state branch or agency.
Status: in_force · Read it on the official government site
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