Texas Banking Law May Open `Two-Way-Street' / Says Harris
Paschal, Jan, THE JOURNAL RECORD
Texas' proposed interstate banking law could open up "a two-way street" with Oklahoma banks, according to Robert E. Harris , executive vice president of the Oklahoma Bankers Association.
"It would obviously set up a free flow of market activity, back and forth," Harris said Monday, of Texas' interstate banking bill.
"It would complement our state statute," Harris said.
New laws adopted by 35 other states and the slump in oil prices, which threatens the health of many Texas banks, helped prompt a sudden change of heart by banking groups that previously opposed interstate banking.
Texas, the largest state to ban interstate banking, is about to open its …
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Publication information: Article title: Texas Banking Law May Open `Two-Way-Street' / Says Harris. Contributors: Paschal, Jan - Author. Newspaper title: THE JOURNAL RECORD. Publication date: August 26, 1986. Page number: Not available. © 2009 THE JOURNAL RECORD. Provided by ProQuest LLC. All Rights Reserved.
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