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Amend CSHB 1165 by inserting the following new section, 
appropriately numbered, and renumbering the subsequent sections 
accordingly:
	SECTION _____.  Subchapter D, Chapter 371, Finance Code, is 
amended by adding Section 371.184 to read as follows:
	Sec. 371.184.  RESTRICTIONS ON TRANSACTIONS INVOLVING 
INTERESTED PARTIES.  (a)  In this section:
		(1)  "Controlling shareholder" means a shareholder or 
group of affiliated shareholders that has effective control of a 
corporation or other business entity.
		(2)  "Effective control" means, with respect to a 
corporation or other business entity, the ownership of 25 percent 
or more of the shares eligible to vote in any election of directors 
or other matters typically requiring shareholder approval.
		(3)  "Interested party" means, with respect to a 
corporation or other business entity:
			(A)  a controlling shareholder;                                       
			(B)  a member of the board of directors or its 
equivalent;          
			(C)  an executive officer of the corporation or 
business entity;    
			(D)  a member of the immediate family of a 
controlling shareholder, director, or executive officer; or
			(E)  an affiliate of the corporation or other 
business entity, a controlling shareholder, director, or executive 
officer of an affiliate, or a member of the immediate family of a 
controlling shareholder, director, or executive officer of an 
affiliate.
	(b)  A corporation or other business entity that holds a 
license under this chapter, makes loans and charges interest, whose 
shares are publicly traded, and that has a shareholder or group of 
affiliated shareholders who have the power to exercise effective 
control of the corporation or other business entity may not engage 
in transaction involving more than $10,000 with an interested party 
unless the transaction receives prior approval of a majority of the 
holders of outstanding shares of the corporation's or other 
business entity's capital stock or its equivalent, including 
capital stock that is not otherwise entitled to vote, who are not 
interested parties, voting together as a single class of capital 
stock.