78R11867 DWS-F


By:  Flynn                                                        H.B. No. 2584

Substitute the following for H.B. No. 2584:                                   

By:  Flynn                                                    C.S.H.B. No. 2584


A BILL TO BE ENTITLED
AN ACT
relating to the definition of a financial institution for purposes of law governing savings banks. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 91.002(14), Finance Code, is amended to read as follows: (14) "Financial institution" has the meaning assigned by Section 201.101 [means a state or federal savings bank, a state or federal savings and loan association, or a state or national bank]. SECTION 2. This Act takes effect September 1, 2003.