Texas Finance Code

§ 92.063 — CHANGE OF OFFICE OR NAME; ESTABLISHMENT OF ADDITIONAL OFFICES

FI § 92.063Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part C. SAVINGS BANKS · Ch. 92. ORGANIZATIONAL AND FINANCIAL REQUIREMENTS · Art. B. INCORPORATION IN GENERAL

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(a)Only with the prior approval of the commissioner given in accordance with rules of the finance commission may a savings bank:

(1)establish an office other than the principal office stated in the savings bank's articles of incorporation;

(2)move an office from its immediate vicinity; or

(3)change the savings bank's name.

(b)The commissioner may permit a savings bank to establish additional offices in this state or another state in accordance with rules of the finance commission.

(c)On request, the commissioner shall give a person who might be affected by the establishment of additional offices or the change of office location or name an opportunity to be heard under Section 91.004.

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Legislative history

Acts 2007, 80th Leg., R.S., Ch. 217 (H.B. 944), Sec. 3, eff. May 25, 2007.