Texas Finance Code

§ 96.055 — ADDITIONAL EXAMINATIONS

FI § 96.055Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part C. SAVINGS BANKS · Ch. 96. SUPERVISION AND REGULATION · Art. B. EXAMINATIONS AND REPORTS

Statute text

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(a)The commissioner at the saving bank's cost may perform an additional examination or audit or devote extraordinary attention to a savings bank's affairs if the commissioner determines the conditions of the savings bank justify the examination, audit, or attention.

(b)On completion of a report, a copy of an examination or audit report conducted under this section shall be furnished promptly to the savings bank.

Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.