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      H.B. No. 3806         AN ACT   relating to prohibited activities of a state trust company under   supervision.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 185.106, Finance Code, is amended to   read as follows:          Sec. 185.106.  DUTIES OF STATE TRUST COMPANY UNDER   SUPERVISION. During a period of supervision, a state trust   company, without the prior approval of the banking commissioner or   the supervisor or as otherwise permitted or restricted by the order   of supervision, may not:                (1)  dispose of, sell, transfer, convey, or encumber   the state trust company's assets;                (2)  lend or invest the state trust company's funds;                (3)  incur a debt, obligation, or liability;                (4)  pay a [ cash ] dividend to the state trust company's   shareholders or participants;                (5)  solicit or accept any new client accounts; [ or ]                (6)  remove an executive officer or director, change   the number of executive officers or directors, or have any other   change in the position of executive officer or director ; or                 (7)     engage in any other activity determined by the   banking commissioner to threaten the safety and soundness of the   state trust company .          SECTION 2.  This Act takes effect September 1, 2025.       ______________________________ ______________________________      President of the Senate Speaker of the House                   I certify that H.B. No. 3806 was passed by the House on April   30, 2025, by the following vote:  Yeas 131, Nays 0, 3 present, not   voting.     ______________________________   Chief Clerk of the House                 I certify that H.B. No. 3806 was passed by the Senate on May   25, 2025, by the following vote:  Yeas 31, Nays 0.     ______________________________   Secretary of the Senate       APPROVED:  _____________________                      Date                           _____________________                    Governor