POWER TO ACT UNDER CERTAIN FEDERAL RETIREMENT PLANS.

Tex. FIN Code § 93.006.
in effect
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A savings bank or a federal savings bank, to the extent that its charter and applicable federal regulations permit, may: (1) exercise any power necessary to qualify as a trustee or custodian for a retirement plan permitted or recognized by federal law; and (2) invest money the bank holds as trustee or custodian under Subdivision (1) in the bank's accounts if the plan does not prohibit that investment.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/29/2026

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