Texas Finance Code

§ 119.006 — INITIATION OF RULEMAKING BY SAVINGS BANKS

FI § 119.006Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part C. SAVINGS BANKS · Ch. 119. MISCELLANEOUS PROVISIONS APPLICABLE TO SAVINGS BANKS · Art. A. GENERAL MISCELLANEOUS PROVISIONS

Statute text

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The finance commission shall initiate rulemaking proceedings under Chapter 2001, Government Code, if at least 20 percent of the savings banks petition the finance commission in writing requesting the adoption, amendment, or repeal of a rule.

Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 867, Sec. 64, eff. Sept. 1, 2001.