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2003S0598-1 03/12/03


By:  Averitt                                                      S.B. No. 1666


A BILL TO BE ENTITLED

AN ACT

relating to the definition of financial institution.                          
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  Subdivision (14), Section 91.002, Finance Code, 
is amended to read as follows:
		(14)  "Financial institution" has the meaning assigned 
by Section 201.101(1) [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.