Texas § FI.31.003 - BANKING RULES
Full text of Texas The Texas Constitution § FI.31.003 — BANKING RULES, with citation guidance and answers to common questions.
§ FI.31.003. BANKING RULES
BANKING RULES. (a) The finance commission may adopt rules to accomplish the purposes of this subtitle and Chapters 11 , 12 , and 13 , including rules necessary or reasonable to: (1) implement and clarify this subtitle and Chapters 11 , 12 , and 13 ; (2) preserve or protect the safety and soundness of state banks; (3) grant at least the same rights and privileges to state banks that are or may be granted to national banks domiciled in this state; (4) recover the cost of maintaining and operating the department and the cost of enforcing this subtitle and other applicable law by imposing and collecting ratable and equitable fees for notices, applications, and examinations; and (5) facilitate the fair hearing and adjudication of matters before the banking commissioner and the finance commission. (b) In adopting rules, the finance commission shall consider the need to: (1) promote a stable banking environment; (2) provide the public with convenient, safe, and competitive banking services; (3) preserve and promote the competitive position of state banks with regard to national banks and other depository institutions in this state consistent with the safety and soundness of state banks and the state bank system; and (4) allow for economic development in this state. (c) The presence or absence in this subtitle or Chapter 11 , 12 , or 13 of a specific reference to rules regarding a particular subject does not enlarge or diminish the rulemaking authority provided by this section. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 528, Sec. 2, eff. Sept. 1, 2001.
Frequently Asked Questions About Texas § FI.31.003
What does The Texas Constitution § FI.31.003 cover?
Section FI.31.003 ("BANKING RULES") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § FI.31.003?
A common citation format is "The Texas Constitution § FI.31.003" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § FI.31.003 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.