Texas Statutes
Subchapter B. Incorporation in General
Section 92.055. Approval of Managing Officer

Sec. 92.055. APPROVAL OF MANAGING OFFICER. (a) A savings bank may not begin business before:
(1) it presents to the commissioner the name and qualifications of its managing officer; and
(2) the commissioner approves the managing officer.
(b) An applicant is not required at a hearing on the application or in a public record to specify the name and qualifications of the managing officer of the savings bank.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

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