Subject: Suspicious Activity
Date: July 16, 1996
Description: Republic of Texas
Suspicious Activity: Republic of Texas
To: Chief Executive Officers of all National Banks; all State Banking Authorities; Chairman, Board of Governors of the Federal Reserve System; Chairman, Federal Deposit Insurance Corporation; Conference of State Bank Supervisors; Deputy Comptrollers (Districts); District Administrators; District Counsel and Examining Personnel
Information has been received that certain individuals are attempting to establish a sovereign entity within the State of Texas. Further, we are advised that appropriate action is being taken against these individuals by the Office of the Texas Attorney General.
The Texas Bankers Association has issued a BANKERS ALERT; copy is attached. Please be guided accordingly.
Any information which you may have concerning this matter should be brought to the attention of:
Office of the Comptroller of the Currency
Daniel P. Stipano