Tex. Fin. Code § 35.0071 · Subchapter A. ENFORCEMENT ORDERS: BANKS AND MANAGEMENT
APPLICATION FOR RELEASE FROM FINAL REMOVAL OR PROHIBITION ORDER.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) After the expiration of 10 years from date of issuance, a person who is subject to a prohibition or removal order issued under this subchapter, regardless of the order's stated duration or date of issuance, may apply to the banking commissioner to be released from the order.
(b) The application must be made under oath and in the form required by the banking commissioner. The application must be accompanied by any required fees.
(c) The banking commissioner, in the exercise of discretion, may approve or deny an application filed under this section.
(d) The banking commissioner's decision under Subsection (c) is final and not appealable.
Notes and commentary — not statutory text
History
Added by Acts 2011, 82nd Leg., R.S., Ch. 183 (S.B. 1165), Sec. 4, eff. May 28, 2011.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.35.htm
- Text hash
- sha256 200d8e327528fdaf202945246136d5703d406b956b0cb717fded0cc31e50f2bb
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.