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Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 75(R)

HOUSE BILL 3077  

HOUSE AUTHOR: Oliveira

EFFECTIVE: 09-01-97         

SENATE SPONSOR: Sibley

House Bill 3077 amends the Texas Savings Bank Act to remove the requirement that a federal savings bank or a federal association under the act have its principal business office in Texas, and permits federal savings banks or associations to merge with or convert into a domestic or foreign savings bank and retain their in-state branches.