Sec. 62.561. CRIMINAL PENALTY. (a) A person commits an offense if the person intentionally makes a materially false or misleading statement to the commissioner with respect to the information required by this subchapter.
(b) An offense under this section is a misdemeanor punishable by:
(1) a fine in an amount not to exceed $2,000;
(2) confinement in county jail for a period not to exceed one year; or
(3) both the fine and confinement.
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 L. Change of Control of Association
Section 62.551. Inapplicability of Subchapter
Section 62.552. Effect of Subchapter on Other Law
Section 62.553. Application for Change of Control
Section 62.554. Application Filing Fee
Section 62.555. Denial of Application
Section 62.556. Appeal to Commissioner of Denial
Section 62.557. Judicial Review
Section 62.558. Unauthorized Change of Control