Texas Finance Code

§ 92.057 — HEARING ON APPLICATION TO INCORPORATE

FI § 92.057Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part C. SAVINGS BANKS · Ch. 92. ORGANIZATIONAL AND FINANCIAL REQUIREMENTS · Art. B. INCORPORATION IN GENERAL

Statute text

View on source

(a)On the filing of a complete application to incorporate, as defined by rules adopted by the finance commission, the commissioner shall:

(1)issue public notice of the application; and

(2)give any interested person an opportunity to appear, present evidence, and be heard for or against the application.

(b)A hearing officer designated by the commissioner shall hold the hearing.

(c)The hearing officer shall file with the commissioner a report on the hearing. The report must:

(1)specify findings of fact on each condition described by Section 92.058; and

…

Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 867, Sec. 39, eff. Sept. 1, 2001.