A savings bank may pledge its assets to secure the deposits of:
(1) the United States government or any instrumentality thereof;
(2) any State or political subdivision, agency, or instrumentally thereof;
(3) any local municipality, agency, or instrumentally thereof;
(4) any federally-recognized Indian tribe; or
(5) any other entity, as required by state or federal law, or court order.
Source Note: The provisions of this §75.332 adopted to be effective November 20, 2022, 47 TexReg 7535