Texas § 64.002 CONTENT OF RULES.

Texas Statutes

§ 64.002 — CONTENT OF RULES.

Texas § 64.002

Code FIFinance Code

This text of Texas § 64.002 (CONTENT OF RULES.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Finance Code Code Ann. § 64.002 (2026).

Text

Sec. 64.002. CONTENT OF RULES. Rules adopted under this subchapter may include provisions governing:

(1)types of loans an association may originate, make, or sell;

(2)conditions under which an association may originate, make, or sell a loan;

(3)conditions under which an association may purchase or participate in a loan made by another lender;

(4)conditions for servicing a loan for another lender;

(5)conditions under which an association may lend money on the security of a loan made by another lender;

(6)conditions under which an association may pledge a loan held by the association as collateral for money borrowed by the association;

(7)conditions under which an association may invest in securities and debt instruments;

(8)documentation that an association must have in the associat

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Sec. 64.002. CONTENT OF RULES. Rules adopted under this subchapter may include provisions governing:
(1) types of loans an association may originate, make, or sell;
(2) conditions under which an association may originate, make, or sell a loan;
(3) conditions under which an association may purchase or participate in a loan made by another lender;
(4) conditions for servicing a loan for another lender;
(5) conditions under which an association may lend money on the security of a loan made by another lender;
(6) conditions under which an association may pledge a loan held by the association as collateral for money borrowed by the association;
(7) conditions under which an association may invest in securities and debt instruments;
(8) documentation that an association must have in the association's loan files when the association funds, purchases, or participates in a loan;
(9) the form and content of statements of expenses, fees, and other charges paid, or required to be paid, by a borrower;
(10) title information required to be maintained in force;
(11) insurance coverage required to be provided by a borrower for property that secures a loan;
(12) appraisal reports;
(13) financial statements of borrowers;
(14) fees or other compensation that may be paid to an officer, director, employee, affiliated person, consultant, or third party in connection with procuring a loan for an association;
(15) conditions under which an association may advance money to pay taxes, assessments, insurance premiums, and similar charges for the protection of the association's interest in property securing a loan;
(16) terms under which an association may acquire and deal in real property;
(17) valuation on an association's books of real property held by the association;
(18) terms governing an association's investment in a subsidiary corporation;
(19) powers that may be exercised by a subsidiary of an association; and
(20) any other matter necessary for proper administration of transactions conducted by an association.