Texas Gov. George Bush signed an opt-out bill into law on Tuesday, making the state the first to bow out of the Riegle-Neal Interstate Banking and Branching Act of 1994.

Mr. Bush signed the bill in a batch of 12 bills, without comment.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.