Tex. Fin. Code § 92.055 · Subchapter B. INCORPORATION IN GENERAL
APPROVAL OF MANAGING OFFICER.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A savings bank may not begin business before:
(1) it presents to the commissioner the name and qualifications of its managing officer; and
(2) the commissioner approves the managing officer.
(b) An applicant is not required at a hearing on the application or in a public record to specify the name and qualifications of the managing officer of the savings bank.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.92.htm
- Text hash
- sha256 c143f3a878ca0ed51b55e67500609c02f597745726caf43885c8e0789cfce05f
- 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.