Texas § FI.93.006 - POWER TO ACT UNDER CERTAIN FEDERAL RETIREMENT PLANS

Full text of Texas The Texas Constitution § FI.93.006 — POWER TO ACT UNDER CERTAIN FEDERAL RETIREMENT PLANS, with citation guidance and answers to common questions.

§ FI.93.006. POWER TO ACT UNDER CERTAIN FEDERAL RETIREMENT PLANS

POWER TO ACT UNDER CERTAIN FEDERAL RETIREMENT PLANS. A savings bank or a federal savings bank, to the extent that its charter and applicable federal regulations permit, may: (1) exercise any power necessary to qualify as a trustee or custodian for a retirement plan permitted or recognized by federal law; and (2) invest money the bank holds as trustee or custodian under Subdivision (1) in the bank's accounts if the plan does not prohibit that investment. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § FI.93.006

What does The Texas Constitution § FI.93.006 cover?

Section FI.93.006 ("POWER TO ACT UNDER CERTAIN FEDERAL RETIREMENT PLANS") 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.93.006?

A common citation format is "The Texas Constitution § FI.93.006" (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.93.006 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.