Tex. Finance Code § 92.055
APPROVAL OF MANAGING OFFICER
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 92.055, APPROVAL OF MANAGING OFFICER, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645571
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Full text
(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.