LegalFix

Banking

Banking law is the body of law (statutes, regulations) that governs how banks and other financial institutions operate their businesses. Banking is a highly-regulated industry, and banks must comply with federal, state, and local laws and regulations.

For example, most banks are required to comply with the Federal Deposit Insurance Corporation (FDIC) laws and regulations; the Dodd-Frank Wall Street Reform and Consumer Protection Act; the regulations of the Board of Governors of the Federal Reserve System (the Fed); the regulations of the Office of the Comptroller of the Currency (OCC); and state laws and regulations. Many of the applicable banking regulations are located in the Code of Federal Regulations, beginning at 12 CFR §1.1.



State Statutes for the State of Texas

CHAPTER 12 - TEXAS DEPARTMENT OF BANKING

TEXAS DEPARTMENT OF BANKING BANKING COMMISSIONER. (a) The banking commissioner is the chief executive officer of the Texas Department of Banking. DEPUTY BANKING COMMISSIONERS. (a) The banking commissioner shall appoint one or more deputy banking commissioners as necessary to

CHAPTER 279 - BANKING AND CREDIT UNION DEVELOPMENT DISTRICTS

BANKING AND CREDIT UNION DEVELOPMENT DISTRICTS BANKING DEVELOPMENT DISTRICTS banking development district; (2) consumer needs for banking services in the proposed district; APPLICATION FOR DESIGNATION OF BANKING DEVELOPMENT DISTRICT.

CHAPTER 37 - EMERGENCIES

EMERGENCY CLOSING OF OFFICE OR OPERATION BY BANKING COMMISSIONER. (a) If the banking commissioner determines that an emergency exists or is impending in all or part of this state, the banking commissioner by proclamation may authorize banks located in the affected area (b) If the banking commissioner determines that an emergency exists or is impending that affects or industry, and to further rapid restoration of banking services after an emergency, the banking commissioner

CHAPTER 185 - ENFORCEMENT ACTIONS

(c) If the banking commissioner has grounds for action under Subsection (b), the banking commissioner (a-1) The banking commissioner may: (c) The banking commissioner may: (b) The banking commissioner may: The banking commissioner may:

CHAPTER 32 - POWERS, ORGANIZATION, AND FINANCIAL REQUIREMENTS

If the banking commissioner sets a hearing, the banking commissioner shall conduct a public hearing and the banking commissioner. APPROVAL OF BANKING COMMISSIONER. banking; (c) The banking commissioner may:

CHAPTER 33 - OWNERSHIP AND MANAGEMENT OF STATE BANK

(1) be under oath and in a form prescribed by the banking commissioner; (a-1) The banking commissioner shall promptly notify the applicant of the date the banking commissioner commissioner or an agent of the banking commissioner; or LIMITED BANKING ASSOCIATION MANAGEMENT OF LIMITED BANKING ASSOCIATION.

CHAPTER 35 - ENFORCEMENT ACTIONS

(c) If the banking commissioner has grounds for action under Subsection (b), the banking commissioner (a-1) The banking commissioner may: (c) The banking commissioner may: (b) The banking commissioner may: The banking commissioner may:

CHAPTER 56 - AGRICULTURAL FINANCE CORPORATIONS

ASSETS REPRESENTED BY ACCEPTANCES OF BANKING CORPORATIONS. commissioner under rules adopted by the banking commissioner. REGULATION BY BANKING COMMISSIONER. and shall conform to the rules adopted by the banking commissioner. (1) it shall make reports to the banking commissioner;

Federal Statutes

§ 371c. Banking affiliates

member bank and an affiliate shall be on terms and conditions that are consistent with safe and sound banking (5) the term “bank” includes a State bank, national bank, banking association, and trust company; specific member bank, subsidiary, or affiliate shall be issued jointly with the appropriate Federal banking

§ 227. “Banking Act of 1933”

The short title of the Act of June 16, 1933, ch. 89, 48 Stat. 162, shall be the “Banking Act of 1933

TITLE 12 - BANKS AND BANKING

CHAPTER 6—FOREIGN BANKING (§§ 601 – 633) CHAPTER 47—COMMUNITY DEVELOPMENT BANKING (§§ 4701 – 4750)

§ 228. “Banking Act of 1935”

The act of August 23, 1935, ch. 614, 49 Stat. 684, may be cited as the “Banking Act of 1935.”

CHAPTER 6—FOREIGN BANKING (§§ 601 – 633)

SUBCHAPTER II—ORGANIZATION OF CORPORATIONS TO DO FOREIGN BANKING (§§ 611 – 633)

§ 27a. Exclusion of identified banking product

regulatory authority under the Commodity Exchange Act (7 U.S.C. 1 et seq.) with respect to, an identified banking An appropriate Federal banking agency may except an identified banking product of a bank under its regulatory known to the trade as a swap or security-based swap, or otherwise has been structured as an identified banking (1) is a product of a bank that is not under the regulatory jurisdiction of an appropriate Federal banking known to the trade as a swap or security-based swap, or otherwise has been structured as an identified banking

§ 3103. Interstate banking by foreign banks

imposed under section 36 of this title and section 1831u of this title could be verified only if the banking activities of such bank in the United States are carried out in a domestic banking subsidiary within to a requirement that the foreign bank or company controlling the foreign bank establish a domestic banking