Texas bank holding company definition

Texas bank holding company means a bank holding company whose home state is this state and that is not controlled by a bank holding company other than a Texas bank holding company, and includes a Texas financial holding company.
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Examples of Texas bank holding company in a sentence

  • For purposes of this section, a Texas bank holding company does not include a bank holding company of which the only subsidiaries are state savings banks.

  • This section applies to a company intending to acquire a Texas bank holding company or a Texas bank.

  • During the failure of Texas bank holding company Mcorp in 1988, the Federal Reserve Board pressured the parent to use$400 million in non-bank assets in order to assist its 20 failing subsidiaries without success.

  • Founded in 1987 in Lubbock, Texas, PlainsCapital Corporation is an independent Texas bank holding company and diversified financial services company.

  • To pro- tect the interests of existing shareholders, the Boardmay apply a swing pricing policy to the net asset value of the subfund.

Related to Texas bank holding company

  • Bank Holding Company means a company registered as such with the Federal Reserve pursuant to 12 U.S.C. §1842 and the regulations of the Federal Reserve promulgated thereunder.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • CFC Holding Company means each Domestic Subsidiary that is treated as a partnership or a disregarded entity for United States federal income tax purposes and that has no material assets other than assets that consist (directly or indirectly through disregarded entities or partnerships) of Equity Interests or indebtedness (as determined for United States tax purposes) in one or more CFCs.

  • Bank Holding Company Act means the Bank Holding Company Act of 1956, as amended.

  • New Holding Company means a corporation that is not a bank, association, or national banking association and as to which all of the following apply:

  • Mutual holding company means that term as defined in section 10(o) of the home owners' loan act, chapter 64, titles III and IX of Public Law 101-73, 12 U.S.C. 1467a, and OTS regulations governing mutual holding companies.

  • Savings and Loan Holding Company means a company registered as such with the Office of Thrift Supervision pursuant to 12 U.S.C. §1467(a) and the regulations of the Office of Thrift Supervision promulgated thereunder.

  • Foreign Holding Company means any Subsidiary all or substantially all of the assets of which are comprised of Equity Interests in one or more Foreign Subsidiaries or CFC Debt.

  • banking company means a banking company as defined in clause (c) of section 5 of the Banking Regulation Act, 1949 (10 of 1949);

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Intermediate Holding Company means any Subsidiary of Holdings (of which Holdings, directly or indirectly, owns 100% of the issued and outstanding Equity Interests) that, directly or indirectly, owns 100% of the issued and outstanding Equity Interests of the Lead Borrower.

  • Holding Companies means, collectively, the Company and Holdings, and each is a “Holding Company”.

  • Qualified CFC Holding Company means a Wholly Owned Subsidiary of the Issuer that is a limited liability company, the primary asset of which consists of Equity Interests in either (i) a Foreign Subsidiary or (ii) a limited liability company the primary asset of which consists of Equity Interests in a Foreign Subsidiary.

  • Finance Company means any Finance Company or other lender with whom You have agreed a Loan or credit agreement through the Supplying Outlet.

  • Public utility holding company means: (1) any company that,

  • Insurance holding company system means a group of two or more affiliated persons, at least one of whom is an insurer.

  • Holding Company means, in relation to a company or corporation, any other company or corporation in respect of which it is a Subsidiary.

  • State bank means any bank incorporated pursuant to the provisions of this chapter after January 1, 1970, and any “state bank” incorporated pursuant to the laws of this state and doing business as such on January 1, 1970, or a bank organized as a limited liability company or a mutual corporation under this chapter.

  • Holding Company Act means the Public Utility Holding Company Act of 1935, as amended.

  • National City National City Mortgage Co., or any successor thereto.

  • GS Bank shall have the meaning assigned to such term in the preamble to this Agreement.

  • Clean energy means Energy that qualifies as energy generated by a clean or renewable resource under British Columbia’s Clean Energy Act, SBC 2010, c.22, as amended from time to time.

  • Wachovia means Wachovia Bank, National Association, a national banking association, and its successors.

  • LLC means Limited Liability Company.

  • Bidding Company means a Subsidiary of the Company whose capital is beneficially owned by the Company and any other Person or Persons that are not Affiliates of the Company for the sole purpose of directly or indirectly bidding on construction projects.

  • Corporation/ Corpn./ Department means the Central Warehousing Corporation.