Texas Finance Code 279.001 – Definitions
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Terms Used In Texas Finance Code 279.001
- National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
In this chapter:
(1) “Credit union” means a state or federal credit union.
(2) “Finance commission” means the Finance Commission of Texas.
(3) “Financial institution” means a state or national bank, a state or federal savings bank, or a state or federal savings and loan association.
(4) “Local government” means a municipality or county.