Sec. 31.104. EFFECT OF INTERPRETIVE STATEMENT OR OPINION. An interpretive statement or opinion issued under this subchapter does not have the force of law and is not a rule for the purposes of Chapter 2001, Government Code, unless adopted by the finance commission as provided by Chapter 2001, Government Code. An interpretive statement or opinion is an administrative construction of this subtitle or Chapter 12 entitled to great weight if the construction is reasonable and does not conflict with this subtitle or Chapter 12.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Chapter 31 - General Provisions
Subchapter B. Regulation of Banking by Banking Commissioner
Section 31.101. General Duties of Banking Commissioner
Section 31.103. Issuance of Opinion
Section 31.104. Effect of Interpretive Statement or Opinion
Section 31.105. Examination Required
Section 31.106. Cost of Regulation
Section 31.107. Regulation and Examination of Related Entities