Texas Statutes
Subchapter F. Conversion of Savings Bank to Other Financial Institution
Section 92.254. Hearing on Application

Sec. 92.254. HEARING ON APPLICATION. (a) A hearing set under Section 92.253(2) must be held not later than the 25th day after the date the application is filed unless a later date is agreed to by the applicant and the commissioner.
(b) The commissioner or a hearing officer designated by the commissioner shall conduct the hearing.
(c) The hearing shall be conducted as a contested case under Chapter 2001, Government Code, except that:
(1) a proposal for decision may not be made; and
(2) the commissioner shall render a final decision or order not later than the 15th day after the date the hearing is closed.
(d) Chapter 2001, Government Code, governs a motion for rehearing and the availability of judicial review if the commissioner denies the application to convert.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

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