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20 Bull. Sec. Corp. Banking & Bus. L. [i] (1982-1983)

handle is hein.journals/txjbus20 and id is 1 raw text is: TJL LE TIN S .OF THE SECTION ON CORPORATION, BANKING & BUSINESS LAW Vol. 20 October, 1982 No. 1 Of Current Interest ... The joint program on Real Es- tate Investment Ventures co-spon- spored by our Section with the Section of Taxation was well re- ceived at the State Bar Convention in Austin this past July. Special thanks are in order to George E. Henderson of Austin, the new Chairman of the Section, who or- ganized and orchestrated the pro- gram. Appearing in this issue of the Bulletin is a copy of the presen- tation made by Robert S. Trotti of Dallas at the Section's Council dinner in Austin on July 1. The presentation, entitled Brief His- tory of the Corporation, Banking and Business Law Section, chron- icles the development of our Sec- tion from its inception in 1953 to the present. This issue also contains a listing of the membership for 1982-83 of the Standing Committees of the Section on Corporation, Banking and Business Law. Recent legisla- tive proposals from certain of these Committees will be highlighted in an upcoming issue of the Bulletin. Bankruptcy lawyers, keeping busy in the present economic cli- mate, now must grope for guide- lines in the wake of the Marathon Pipeline decision. Tentatively on the agenda for the Bankruptcy and Reorganization Law Committee is a planned advanced seminar for bankruptcy lawyers to be held in the spring of 1983. The next issue of the Bulletin should contain the index to the in- terpretations issued by the Texas Banking Commissioner. Practition- ers in the banking law area should find this index extremely helpful in dealing with issues covered by the interpretations, which have not been previously published. During this past summer, the Texas Sunset Advisory Commis- sion held a public hearing concern- ing the continuation and policies of the State Securities Board. Profes- sor Hal M. Bateman of the Texas Tech University School of Law made a statement concerning whether Texas securities laws should be amended to adopt a full disclosure standard in securities registration instead of the present merit standard principle. The text of Professor Bateman's statement, reprinted with his permission, ap- pears in this issue of the Bulletin. This issue of the Bulletin also contains an article by Robert R. Cole, Jr. entitled Ad Valorem Tax- ation of Bank Stock and the Federal Security Exemption Problem. Editor's Note: If any member of the Section would like to contrib- ute an article for publication in the Bulletin, or has information con- cerning an area of current impor- tance that should be highlighted on the cover of the next issue of the Bulletin, please contact any member of the Information Com- mittee, Officer of the Section or member of the Council. In This Issue Page Brief History of the Corporation, Banking and Business Law Section .............. Statement Concerning Full Disclosure Securities Registration in Texas Ad Valorem Taxation of Bank Stock and the Federal Security Exemption Problem . . . Standing Committees of the Section on Corporation, Banking and Business Law 1982-83 . ..... 1 4 8 19

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