Sec. 62.006. HEARING ON APPLICATION TO INCORPORATE. (a) On the filing of a complete application to incorporate, the commissioner shall:
(1) issue public notice of the application; and
(2) give any interested person an opportunity to appear, present evidence, and be heard for or against the application.
(b) A hearing officer designated by the commissioner shall preside over the hearing.
(c) The hearing officer shall file with the commissioner a report on the hearing. The report must:
(1) specify findings of fact on each condition described by Section 62.007(a); and
(2) identify the evidence that forms the basis for the findings.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Subtitle B - Savings and Loan Associations
Chapter 62 - Organizational and Financial Requirements
Subchapter A. Incorporation in General
Section 62.001. Application to Incorporate
Section 62.002. Additional Incorporation Requirements for Capital Stock Association
Section 62.003. Additional Incorporation Requirements for Mutual Association
Section 62.004. Approval of Managing Officer
Section 62.005. Corporate Name
Section 62.006. Hearing on Application to Incorporate
Section 62.007. Decision on Application to Incorporate; Issuance of Certificate of Incorporation
Section 62.008. Preference for Local Control
Section 62.009. Deadline for Commencing Business
Section 62.010. Amendment of Articles of Incorporation or Bylaws