Texas § GV.404.0212 - DEPOSITORY RATING UNDER CERTAIN FEDERAL LAW
Full text of Texas The Texas Constitution § GV.404.0212 — DEPOSITORY RATING UNDER CERTAIN FEDERAL LAW, with citation guidance and answers to common questions.
§ GV.404.0212. DEPOSITORY RATING UNDER CERTAIN FEDERAL LAW
DEPOSITORY RATING UNDER CERTAIN FEDERAL LAW. (a) In this section, "regulated financial institution" has the meaning assigned by 12 U.S.C. Section 2902. (b) A regulated financial institution that accepts a deposit from the comptroller shall report to the comptroller the rating assigned to the financial institution under 12 U.S.C. Section 2906. (c) A regulated financial institution shall make a report required by this section: (1) annually, not later than August 1 of each year; and (2) not later than the 30th day after the date the financial institution is notified that the assigned rating has been changed. (d) The comptroller may not select as a depository a regulated financial institution for which the entire institution has been assigned a rating below "outstanding record of meeting community credit needs" or "satisfactory record of meeting community credit needs" under 12 U.S.C.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.404.0212
What does The Texas Constitution § GV.404.0212 cover?
Section GV.404.0212 ("DEPOSITORY RATING UNDER CERTAIN FEDERAL LAW") 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 § GV.404.0212?
A common citation format is "The Texas Constitution § GV.404.0212" (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 § GV.404.0212 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.