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Texas Finance Code

§ 92.051 — APPLICATION TO INCORPORATE

FI § 92.051Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part C. SAVINGS BANKS · Ch. 92. ORGANIZATIONAL AND FINANCIAL REQUIREMENTS · Art. B. INCORPORATION IN GENERAL

Statute text

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(a)Five or more adult residents of this state may apply to incorporate a savings bank by submitting to the commissioner:
(1)an application to incorporate a savings bank that is:
(A)in a form specified by the commissioner; and
(B)signed by each incorporator; and
(2)the filing fee.
(b)An application must contain:

Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 867, Sec. 35, eff. Sept. 1, 2001.