Texas Finance Code

§ 181.103 — EFFECT OF INTERPRETIVE STATEMENT OR OPINION

FI § 181.103Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part F. TRUST COMPANIES · Ch. 181. GENERAL PROVISIONS · Art. B. REGULATION OF TRUST COMPANIES BY BANKING DEPARTMENT

Statute text

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An interpretive statement or opinion issued under this subchapter does not have the force of law and is not a rule for the purposes of Chapter 2001, Government Code, unless adopted as a rule by the finance commission as provided by Chapter 2001, Government Code. An interpretive statement or opinion is an administrative construction of this subtitle entitled to great weight if the construction is reasonable and does not conflict with this subtitle.

Legislative history

Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.