Sec. 64.002.  CONTENT OF RULES.  Rules adopted under this subchapter may include provisions governing:
(1)  types of loans an association may originate, make, or sell;
(2)  conditions under which an association may originate, make, or sell a loan;
(3)  conditions under which an association may purchase or participate in a loan made by another lender;
(4)  conditions for servicing a loan for another lender;
(5)  conditions under which an association may lend money on the security of a loan made by another lender;
(6)  conditions under which an association may pledge a loan held by the association as collateral for money borrowed by the association;
(7)  conditions under which an association may invest in securities and debt instruments;
(8)  documentation that an association must have in the association's loan files when the association funds, purchases, or participates in a loan;
(9)  the form and content of statements of expenses, fees, and other charges paid, or required to be paid, by a borrower;
(10)  title information required to be maintained in force;
(11)  insurance coverage required to be provided by a borrower for property that secures a loan;
(12)  appraisal reports;
(13)  financial statements of borrowers;
(14)  fees or other compensation that may be paid to an officer, director, employee, affiliated person, consultant, or third party in connection with procuring a loan for an association;
(15)  conditions under which an association may advance money to pay taxes, assessments, insurance premiums, and similar charges for the protection of the association's interest in property securing a loan;
(16)  terms under which an association may acquire and deal in real property;
(17)  valuation on an association's books of real property held by the association;
(18)  terms governing an association's investment in a subsidiary corporation;
(19)  powers that may be exercised by a subsidiary of an association;  and
(20)  any other matter necessary for proper administration of transactions conducted by an association.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.