(seven) "Board" implies the board of directors of, or an individual or team of folks performing in a equivalent capability for, a state bank or other entity. as being the context demands, the phrase consists of the board of professionals of a limited banking Affiliation.

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discover of an amended or withdrawn statement have to be disseminated inside of a significantly similar fashion given that the influenced assertion was initially disseminated.

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(17) "price reduction" indicates the retention by a lender of advance here curiosity from financial loan proceeds. The time period doesn't include things like the acquisition of the promissory Be aware or comparable instrument at less than its face value Unless of course the social gathering providing the Observe is liable to the Observe for a maker, endorser, or guarantor.

In the early days with the Republic of Texas, several different currencies circulated as hard cash, including Spanish and Mexican funds, bank notes from several U.

(50) "point out bank" suggests a banking association or limited banking Affiliation structured or reorganized less than this subtitle, which include an Affiliation arranged under the legal guidelines of the condition before September one, 1995, With all the express electricity to receive and acknowledge deposits and possessing other rights and powers granted by this subtitle expressly or by implication.

(fifty seven) "Undivided gains" indicates the Section of fairness funds of a point out bank equivalent to your balance of its net profits, income, gains, and losses Considering that the day of its formation, minus subsequent distributions to shareholders and transfers to surplus or funds under share dividends or correct board resolutions. The term involves amounts allotted to undivided revenue due to a merger.

" Congress offered that the common price of gold and silver cash need to be the same as in The us, but no cash have been ever minted by, or for, the republic. Metallic funds was scarce in The us At the moment, and it had been more scarce in Texas. The notes of state-chartered banks constituted in every one of the states the principal money, and those of Alabama, Ga, Louisiana, Mississippi, and Tennessee had been the most commonly present in Texas. around some time of The difficulty with the promissory notes of the republic in the autumn of 1837, there were in use as dollars not simply the notes of your condition banks but will also "shinplasters," a reputation popularly offered to notes issued in Texas by non-public corporations and municipal organizations, in denominations typically of a lot less than one particular dollar. In 1837 Congress prohibited the use of bank notes in payment of import obligations or of any dues of the republic, and it also forbade the use or Placing into circulation by anyone of any promissory Take note intended to flow into as income. These limits experienced as their goal the elimination of point out bank and individual notes from Level of competition with notes of the republic.

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(4) "Banking" usually means the overall performance from the special depository establishment functions of accepting deposits and discounting financial loans and the functionality of linked routines that are not exclusive to banks or other depository institutions, like spending drafts or checks, lending funds, and offering linked money providers authorized by this subtitle.

(one) details instantly or indirectly obtained with the Section in any fashion, together with an application or examination, in regards to the monetary affliction or business enterprise affairs of a money establishment, a existing, former, or future shareholder, officer, director, or affiliate of a fiscal establishment, or a third-party services supplier of a economical institution or its affiliate, other than information in a broadcast statement or in the general public portion of a call report or earnings and loss statement; and

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