Texas Finance Code 341.102 – Regulation of Banks
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(a) The banking commissioner shall enforce this subtitle relating to the regulation of a state bank operating under this subtitle.
(b) The official exercising authority over the operations of national banks equivalent to the authority exercised by the banking commissioner over state banks may enforce this subtitle relating to the regulation of a national bank operating under this subtitle.
Terms Used In Texas Finance Code 341.102
- 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