Legal Opinion
Untitled Texas Attorney General Opinion
Texas Attorney General Reports
Decided July 2, 1975No. H-606Published
1Opinion of the Court
T~~EZATIVRNEYGENERAI. OPnlXAS AU-TIN. T-s 78711 May 14, 1975 The Honorable Robert E. Stewart Opinion No. H- 606 Commissioner Department of Banking Re: Legality of majority stock John H. Reagan, State Office Bldg. ownership in nwre than one Austin, Texas 78701 bank. Dear Commissioner Stewart: You have requested our opinion concerning whether a corporation’s ownership of more than 50% of the capital stock of more than one bank violates article 16, section 16 of the Texas Constitution or article 342-903, V.T.C.S. Your question is specifically directed to ownership of stock in more than one bank…
2Cases cited16 opinions
- Whitney National Bank in Jefferson Parish v. Bank of New Orleans & Trust Co.Supreme Court of the United States · 1965
- Thomas v. GroeblTexas Supreme Court · 1948
- Travis County v. MatthewsCourt of Appeals of Texas · 1950
- The Commercial National Bank of Little Rock v. The Board of Governors of the Federal Reserve SystemCourt of Appeals for the Eighth Circuit · 1971
- First National Bank In Billings v. First Bank Stock Corp.Court of Appeals for the Ninth Circuit · 1962
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