Tex. Fin. Code § 92.063 · Subchapter B. INCORPORATION IN GENERAL
CHANGE OF OFFICE OR NAME; ESTABLISHMENT OF ADDITIONAL OFFICES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Only with the prior approval of the commissioner given in accordance with rules of the finance commission may a savings bank:
(1) establish an office other than the principal office stated in the savings bank's articles of incorporation;
(2) move an office from its immediate vicinity; or
(3) change the savings bank's name.
(b) The commissioner may permit a savings bank to establish additional offices in this state or another state in accordance with rules of the finance commission.
(c) On request, the commissioner shall give a person who might be affected by the establishment of additional offices or the change of office location or name an opportunity to be heard under Section 91.004.
(d) A savings bank may not establish or maintain a branch on the premises or property of an affiliate if the affiliate engages in commercial activities not permitted for a state savings bank or subsidiary of a state savings bank.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 867, Sec. 40, eff. Sept. 1, 2001.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 217 (H.B. 944), Sec. 3, eff. May 25, 2007.
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 790ae159302f8e1f5dcabefb042ee796224654c7a15a822d5c794cc0ca458165
- 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
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