Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
Subchapter A. General Provisions
Section 96.001. General Duties - Sec. 96.001. GENERAL DUTIES. The Department of Savings and Mortgage...
Section 96.002. Adoption of Rules - Sec. 96.002. ADOPTION OF RULES. (a) The finance commission may...
Subchapter B. Examinations and Reports
Section 96.051. Annual Audit - Sec. 96.051. ANNUAL AUDIT. (a) Not later than the 90th...
Section 96.053. Reports - Sec. 96.053. REPORTS. (a) Repealed by Acts 2013, 83rd Leg.,...
Section 96.054. Examinations - Sec. 96.054. EXAMINATIONS. (a) The commissioner shall periodically examine the...
Section 96.055. Additional Examinations - Sec. 96.055. ADDITIONAL EXAMINATIONS. (a) The commissioner at the saving...
Section 96.0551. Regulation and Examination of Certain Related Entities - Sec. 96.0551. REGULATION AND EXAMINATION OF CERTAIN RELATED ENTITIES. (a)...
Section 96.056. Access to Books and Records - Sec. 96.056. ACCESS TO BOOKS AND RECORDS. The commissioner, a...
Section 96.057. Subpoena; Administration of Oath or Affirmation - Sec. 96.057. SUBPOENA; ADMINISTRATION OF OATH OR AFFIRMATION. (a) In...
Subchapter C. Supervisory Intervention
Section 96.101. Intervention for Violations and Unsafe and Unsound Practices - Sec. 96.101. INTERVENTION FOR VIOLATIONS AND UNSAFE AND UNSOUND PRACTICES....
Section 96.102. Intervention for Filing Inappropriate Information - Sec. 96.102. INTERVENTION FOR FILING INAPPROPRIATE INFORMATION. The commissioner may...
Section 96.103. Intervention for Activity Resulting in Actual or Potential Financial Loss - Sec. 96.103. INTERVENTION FOR ACTIVITY RESULTING IN ACTUAL OR POTENTIAL...
Section 96.104. Intervention Relating to Examination of Affairs - Sec. 96.104. INTERVENTION RELATING TO EXAMINATION OF AFFAIRS. (a) The...
Section 96.105. Temporary Supervisory Order - Sec. 96.105. TEMPORARY SUPERVISORY ORDER. (a) If the commissioner has...
Section 96.106. Service of Temporary Supervisory Order - Sec. 96.106. SERVICE OF TEMPORARY SUPERVISORY ORDER. (a) A temporary...
Section 96.107. Hearing on Temporary Supervisory Order; Final Order - Sec. 96.107. HEARING ON TEMPORARY SUPERVISORY ORDER; FINAL ORDER. (a)...
Section 96.108. Plan of Operation of Savings Bank After Order of Temporary Conservatorship - Sec. 96.108. PLAN OF OPERATION OF SAVINGS BANK AFTER ORDER...
Section 96.109. Enforcement of Supervisory Order - Sec. 96.109. ENFORCEMENT OF SUPERVISORY ORDER. (a) The commissioner, after...
Section 96.110. Stay of Supervisory Order - Sec. 96.110. STAY OF SUPERVISORY ORDER. (a) A temporary supervisory...
Section 96.111. Disclosure of Information in Supervisory Order; Confidentiality - Sec. 96.111. DISCLOSURE OF INFORMATION IN SUPERVISORY ORDER; CONFIDENTIALITY. (a)...
Subchapter D. Conservatorship
Section 96.151. Placement of Savings Bank Under Conservatorship - Sec. 96.151. PLACEMENT OF SAVINGS BANK UNDER CONSERVATORSHIP. If the...
Section 96.152. Duties of Conservator - Sec. 96.152. DUTIES OF CONSERVATOR. (a) The conservator and any...
Section 96.153. Term of Conservator - Sec. 96.153. TERM OF CONSERVATOR. The conservator shall serve until...
Section 96.154. Transfer of Management of Rehabilitated Savings Bank - Sec. 96.154. TRANSFER OF MANAGEMENT OF REHABILITATED SAVINGS BANK. If...
Section 96.155. Scope of Authority of Other Persons During Conservatorship - Sec. 96.155. SCOPE OF AUTHORITY OF OTHER PERSONS DURING CONSERVATORSHIP....
Section 96.156. Limiting Order During Conservatorship - Sec. 96.156. LIMITING ORDER DURING CONSERVATORSHIP. (a) During a conservatorship,...
Section 96.157. Service of Limiting Order - Sec. 96.157. SERVICE OF LIMITING ORDER. (a) A limiting order...
Section 96.158. Effect of Limiting Order - Sec. 96.158. EFFECT OF LIMITING ORDER. (a) Immediately after receiving...
Section 96.159. Hearing on Limiting Order; Final Order - Sec. 96.159. HEARING ON LIMITING ORDER; FINAL ORDER. (a) The...
Section 96.160. Stay of Limiting Order - Sec. 96.160. STAY OF LIMITING ORDER. (a) A limiting order...
Section 96.161. Cost of Conservatorship - Sec. 96.161. COST OF CONSERVATORSHIP. (a) The commissioner shall determine...
Section 96.162. Venue - Sec. 96.162. VENUE. A suit filed against a savings bank...
Subchapter E. Voluntary Supervisory Control
Section 96.201. Placement of Savings Bank Under Voluntary Supervisory Control - Sec. 96.201. PLACEMENT OF SAVINGS BANK UNDER VOLUNTARY SUPERVISORY CONTROL....
Section 96.202. Powers of Supervisors - Sec. 96.202. POWERS OF SUPERVISORS. A supervisor or deputy supervisor...
Section 96.203. Cost of Supervisory Control - Sec. 96.203. COST OF SUPERVISORY CONTROL. The cost of the...
Subchapter F. Closing
Section 96.251. Closing of Savings Bank by Board Resolution - Sec. 96.251. CLOSING OF SAVINGS BANK BY BOARD RESOLUTION. A...
Section 96.252. Closing of Savings Bank by Commissioner's Order - Sec. 96.252. CLOSING OF SAVINGS BANK BY COMMISSIONER'S ORDER. The...
Section 96.253. Effect of Closing - Sec. 96.253. EFFECT OF CLOSING. (a) On closing a savings...
Section 96.254. Hearing on Commissioner's Order - Sec. 96.254. HEARING ON COMMISSIONER'S ORDER. (a) Not later than...
Subchapter G. Liquidation
Section 96.301. Liquidation of Savings Bank - Sec. 96.301. LIQUIDATION OF SAVINGS BANK. (a) If the commissioner...
Section 96.302. Removal or Replacement of Liquidating Agent - Sec. 96.302. REMOVAL OR REPLACEMENT OF LIQUIDATING AGENT. (a) The...
Section 96.303. Duties of Liquidating Agent - Sec. 96.303. DUTIES OF LIQUIDATING AGENT. (a) Under the commissioner's...
Section 96.304. Notice - Sec. 96.304. NOTICE. (a) Under the commissioner's supervision, the liquidating...
Section 96.305. Presentation of Claim - Sec. 96.305. PRESENTATION OF CLAIM. (a) To be entitled to...
Section 96.306. Priority of Claims - Sec. 96.306. PRIORITY OF CLAIMS. When a savings bank is...
Section 96.307. Action on Claim - Sec. 96.307. ACTION ON CLAIM. (a) Within three months after...
Section 96.308. Hearing on Claim; Appeal of Adverse Determination of Claim - Sec. 96.308. HEARING ON CLAIM; APPEAL OF ADVERSE DETERMINATION OF...
Section 96.309. Payment of Final Dividend - Sec. 96.309. PAYMENT OF FINAL DIVIDEND. (a) The liquidating agent...
Section 96.310. Deposit of Money by Liquidating Agent - Sec. 96.310. DEPOSIT OF MONEY BY LIQUIDATING AGENT. The liquidating...
Section 96.311. Payment of Nonclaiming Deposit Account Holders and Creditors - Sec. 96.311. PAYMENT OF NONCLAIMING DEPOSIT ACCOUNT HOLDERS AND CREDITORS....
Section 96.312. Cost of Liquidation - Sec. 96.312. COST OF LIQUIDATION. (a) The commissioner shall determine...
Section 96.313. Final Report - Sec. 96.313. FINAL REPORT. After paying a final dividend as...
Section 96.314. Continued Existence of Savings Bank Following Liquidation - Sec. 96.314. CONTINUED EXISTENCE OF SAVINGS BANK FOLLOWING LIQUIDATION. For...
Section 96.315. Special Liquidating Agent - Sec. 96.315. SPECIAL LIQUIDATING AGENT. At the completion of the...
Section 96.316. Closing of Liquidation; Order and Liability - Sec. 96.316. CLOSING OF LIQUIDATION; ORDER AND LIABILITY. (a) The...
Section 96.317. Administrative Procedure - Sec. 96.317. ADMINISTRATIVE PROCEDURE. The procedures for a contested case...
Subchapter H. Confidentiality
Section 96.351. Disclosure by Department Prohibited - Sec. 96.351. DISCLOSURE BY DEPARTMENT PROHIBITED. Except as otherwise provided...
Section 96.352. Disclosure to Other Agencies - Sec. 96.352. DISCLOSURE TO OTHER AGENCIES. This subchapter does not...
Section 96.353. Other Disclosure Prohibited - Sec. 96.353. OTHER DISCLOSURE PROHIBITED. (a) Confidential information that is...
Section 96.354. Civil Discovery - Sec. 96.354. CIVIL DISCOVERY. Discovery of confidential information from a...
Section 96.355. Investigative Information - Sec. 96.355. INVESTIGATIVE INFORMATION. (a) Notwithstanding any other law, the...
Section 96.356. Examination Report - Sec. 96.356. EXAMINATION REPORT. Unless the commissioner determines that a...
Section 96.357. Removal for Violation - Sec. 96.357. REMOVAL FOR VIOLATION. A person who violates this...
Subchapter I. Miscellaneous Provisions
Section 96.401. Derivative Suit - Sec. 96.401. DERIVATIVE SUIT. (a) The commissioner may bring a...
Section 96.402. Payment of Insured Deposit Liabilities by Fdic - Sec. 96.402. PAYMENT OF INSURED DEPOSIT LIABILITIES BY FDIC. If...
Section 96.403. Enforceability of Loan Promise or Agreement Made by Savings Bank Before Conservatorship or Supervisory Control - Sec. 96.403. ENFORCEABILITY OF LOAN PROMISE OR AGREEMENT MADE BY...
Section 96.404. Interest in Savings Bank Prohibited for Department - Sec. 96.404. INTEREST IN SAVINGS BANK PROHIBITED FOR DEPARTMENT. (a)...
Section 96.405. Permitted Transactions for Department Relating to Savings Bank - Sec. 96.405. PERMITTED TRANSACTIONS FOR DEPARTMENT RELATING TO SAVINGS BANK....