Sec. 204.005. CHANGE OF CONTROL OF FOREIGN BANK. A foreign bank licensed to establish and maintain a Texas state branch or agency pursuant to Subchapter B, or which has registered a Texas representative office pursuant to Subchapter C, shall file with the commissioner a notice of change of control, in the form and containing the information the commissioner requires, not later than the 14th day after the date of a merger or other transaction that results or will result in a change of control.
Added by Acts 1999, 76th Leg., ch. 344, Sec. 1.001, eff. Sept. 1, 1999.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Subtitle G - Bank Holding Companies; Interstate Bank Operations
Subchapter A. General Provisions
Section 204.001. Transacting Business
Section 204.002. Books, Accounts, and Records
Section 204.003. Examination; Fees
Section 204.005. Change of Control of Foreign Bank
Section 204.007. Establishment of Interstate Branch in This State by an Out-of-State Foreign Bank