yourstate.us
Home / Texas / Finance Code
Tex. Finance Code § 182.007

DEADLINE TO BEGIN BUSINESS

Texas · Texas Finance Code · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Tex. Finance Code § 182.007, DEADLINE TO BEGIN BUSINESS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/646566
Permanent ID
ys:prov:646566@1
SHA-256
a3e23cea414a9dced2bc28f688ace842d18b9a9e8dc8074c6d78b624376fd14c

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

If a state trust company does not open and engage in the trust business within six months after the date it receives its charter or conditional approval of application for charter, the banking commissioner may revoke the charter or cancel the conditional approval of application for charter without judicial action.