Texas Statutes
Subtitle A - Banks
Chapter 32 - Powers, Organization, and Financial Requirements

Subchapter A. Organization and Powers in General

Section 32.001. Organization and General Powers of State Bank - Sec. 32.001. ORGANIZATION AND GENERAL POWERS OF STATE BANK. (a)...

Section 32.002. Certificate of Formation of State Bank - Sec. 32.002. CERTIFICATE OF FORMATION OF STATE BANK. (a) The...

Section 32.003. Application for State Bank Charter; Standards for Approval - Sec. 32.003. APPLICATION FOR STATE BANK CHARTER; STANDARDS FOR APPROVAL....

Section 32.004. Notice and Investigation of Charter Application - Sec. 32.004. NOTICE AND INVESTIGATION OF CHARTER APPLICATION. (a) The...

Section 32.005. Protest; Hearing; Decision on Charter Application - Sec. 32.005. PROTEST; HEARING; DECISION ON CHARTER APPLICATION. (a) A...

Section 32.006. Issuance of Certificate of Authority - Sec. 32.006. ISSUANCE OF CERTIFICATE OF AUTHORITY. A state bank...

Section 32.007. Deadline to Begin Business - Sec. 32.007. DEADLINE TO BEGIN BUSINESS. If the state bank...

Section 32.008. Application of General Corporate Law - Sec. 32.008. APPLICATION OF GENERAL CORPORATE LAW. (a) The Business...

Section 32.009. Parity Between State and National Banks - Sec. 32.009. PARITY BETWEEN STATE AND NATIONAL BANKS. (a) Section...

Section 32.010. Additional Powers - Sec. 32.010. ADDITIONAL POWERS. (a) Notwithstanding another law, a Texas...

Section 32.011. Financial Activities - Sec. 32.011. FINANCIAL ACTIVITIES. (a) The finance commission by rule...

Subchapter B. Amendment of Certificate; Changes in Capital and Surplus

Section 32.101. Amendment or Restatement of State Bank Certificate of Formation - Sec. 32.101. AMENDMENT OR RESTATEMENT OF STATE BANK CERTIFICATE OF...

Section 32.102. Establishing Series of Shares - Sec. 32.102. ESTABLISHING SERIES OF SHARES. (a) If the certificate...

Section 32.103. Change in Outstanding Capital and Surplus - Sec. 32.103. CHANGE IN OUTSTANDING CAPITAL AND SURPLUS. (a) A...

Section 32.104. Capital Notes or Debentures - Sec. 32.104. CAPITAL NOTES OR DEBENTURES. (a) With the prior...

Subchapter C. Bank Offices

Section 32.201. Conduct of the Business of Banking - Sec. 32.201. CONDUCT OF THE BUSINESS OF BANKING. (a) A...

Section 32.202. Home Office - Sec. 32.202. HOME OFFICE. (a) Each state bank must have...

Section 32.203. Branch Offices - Sec. 32.203. BRANCH OFFICES. (a) A state bank may establish...

Section 32.204. Deposit or Loan Production Offices - Sec. 32.204. DEPOSIT OR LOAN PRODUCTION OFFICES. (a) A state...

Subchapter D. Merger

Section 32.301. Merger Authority - Sec. 32.301. MERGER AUTHORITY. (a) Two or more financial institutions,...

Section 32.302. Approval of Banking Commissioner - Sec. 32.302. APPROVAL OF BANKING COMMISSIONER. (a) If the merger...

Section 32.303. Rights of Dissenters From Merger - Sec. 32.303. RIGHTS OF DISSENTERS FROM MERGER. A shareholder may...

Section 32.304. Limitation on Control of Deposits - Sec. 32.304. LIMITATION ON CONTROL OF DEPOSITS. (a) A merger...

Subchapter E. Purchase or Sale of Assets

Section 32.401. Authority to Purchase Assets - Sec. 32.401. AUTHORITY TO PURCHASE ASSETS. (a) A state bank...

Section 32.402. Authority to Act as Disbursing Agent - Sec. 32.402. AUTHORITY TO ACT AS DISBURSING AGENT. (a) The...

Section 32.403. Liquidation of Selling Institution - Sec. 32.403. LIQUIDATION OF SELLING INSTITUTION. If the selling financial...

Section 32.404. Payment to Depositors and Creditors - Sec. 32.404. PAYMENT TO DEPOSITORS AND CREDITORS. The purchasing bank...

Section 32.405. Sale of Assets - Sec. 32.405. SALE OF ASSETS. (a) A state bank may...

Section 32.406. Limitation on Control of Deposits - Sec. 32.406. LIMITATION ON CONTROL OF DEPOSITS. (a) A purchase...

Subchapter F. Exit of State Bank or Entry of Another Financial Institution

Section 32.501. Merger or Conversion of State Bank Into Another Financial Institution - Sec. 32.501. MERGER OR CONVERSION OF STATE BANK INTO ANOTHER...

Section 32.502. Conversion of Financial Institution Into State Bank - Sec. 32.502. CONVERSION OF FINANCIAL INSTITUTION INTO STATE BANK. (a)...