Sec. 62.403. NOTICE AND HEARING; CONFIDENTIALITY. If the commissioner considers the domestic association to be in an unsafe condition:
(1) the notice and hearing provisions of Chapter 2001, Government Code, and of Section 62.353 do not apply to the application; and
(2) the application and all information related to the application are confidential and not subject to public disclosure.
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 I. Additional Provisions for Merger or Consolidation of Domestic and Foreign Associations
Section 62.401. Applicability of Subchapter
Section 62.402. Adoption of Merger or Consolidation Plan
Section 62.403. Notice and Hearing; Confidentiality
Section 62.404. Denial by Commissioner of Application