Texas Statutes
Title 3 - Financial Institutions and Businesses
Subtitle B - Savings and Loan Associations

Section 62.002. Additional Incorporation Requirements for Capital Stock Association - Sec. 62.002. ADDITIONAL INCORPORATION REQUIREMENTS FOR CAPITAL STOCK ASSOCIATION. (a)...

Section 62.003. Additional Incorporation Requirements for Mutual Association - Sec. 62.003. ADDITIONAL INCORPORATION REQUIREMENTS FOR MUTUAL ASSOCIATION. (a) A...

Section 62.004. Approval of Managing Officer - Sec. 62.004. APPROVAL OF MANAGING OFFICER. (a) An association may...

Section 62.005. Corporate Name - Sec. 62.005. CORPORATE NAME. (a) The name of an association...

Section 62.006. Hearing on Application to Incorporate - Sec. 62.006. HEARING ON APPLICATION TO INCORPORATE. (a) On the...

Section 62.007. Decision on Application to Incorporate; Issuance of Certificate of Incorporation - Sec. 62.007. DECISION ON APPLICATION TO INCORPORATE; ISSUANCE OF CERTIFICATE...

Section 62.008. Preference for Local Control - Sec. 62.008. PREFERENCE FOR LOCAL CONTROL. If an application to...

Section 62.009. Deadline for Commencing Business - Sec. 62.009. DEADLINE FOR COMMENCING BUSINESS. (a) An association shall...

Section 62.010. Amendment of Articles of Incorporation or Bylaws - Sec. 62.010. AMENDMENT OF ARTICLES OF INCORPORATION OR BYLAWS. (a)...

Section 62.011. Change of Office or Name - Sec. 62.011. CHANGE OF OFFICE OR NAME. (a) Only with...

Subchapter B. Incorporation to Reorganize or Merge

Section 62.051. Purpose of Incorporation - Sec. 62.051. PURPOSE OF INCORPORATION. A person may apply to...

Section 62.052. Incorporation Requirements - Sec. 62.052. INCORPORATION REQUIREMENTS. (a) An application to incorporate an...

Section 62.053. Decision on Application; Issuance of Certificate of Incorporation - Sec. 62.053. DECISION ON APPLICATION; ISSUANCE OF CERTIFICATE OF INCORPORATION....

Subchapter C. Administration

Section 62.101. Organizational Meeting - Sec. 62.101. ORGANIZATIONAL MEETING. (a) Not later than the 30th...

Section 62.102. Board of Directors - Sec. 62.102. BOARD OF DIRECTORS. (a) A board of not...

Section 62.104. Officers - Sec. 62.104. OFFICERS. (a) The officers of an association are:...

Section 62.105. Indemnity Bonds of Directors, Officers, and Employees - Sec. 62.105. INDEMNITY BONDS OF DIRECTORS, OFFICERS, AND EMPLOYEES. (a)...

Section 62.106. Meetings of Members and Shareholders - Sec. 62.106. MEETINGS OF MEMBERS AND SHAREHOLDERS. (a) The annual...

Section 62.107. Voting Rights - Sec. 62.107. VOTING RIGHTS. (a) The bylaws of an association...

Subchapter D. Operations and Finances

Section 62.151. Computation of Income; Statement of Condition - Sec. 62.151. COMPUTATION OF INCOME; STATEMENT OF CONDITION. (a) An...

Section 62.152. Minimum Net Worth Requirement - Sec. 62.152. MINIMUM NET WORTH REQUIREMENT. An association shall meet...

Section 62.153. Insurance of Savings Accounts - Sec. 62.153. INSURANCE OF SAVINGS ACCOUNTS. (a) An association may...

Section 62.154. Limitation on Issuance of Securities - Sec. 62.154. LIMITATION ON ISSUANCE OF SECURITIES. An association may...

Section 62.155. Common Stock - Sec. 62.155. COMMON STOCK. (a) An association may not issue...

Section 62.156. Preferred Stock - Sec. 62.156. PREFERRED STOCK. (a) An association may not issue...

Section 62.157. Series and Classes of Preferred Stock - Sec. 62.157. SERIES AND CLASSES OF PREFERRED STOCK. (a) The...

Section 62.158. Dividends on Capital Stock - Sec. 62.158. DIVIDENDS ON CAPITAL STOCK. The board of a...

Section 62.159. Use of Surplus Accounts and Expense Fund Contributions - Sec. 62.159. USE OF SURPLUS ACCOUNTS AND EXPENSE FUND CONTRIBUTIONS....

Section 62.160. Use of Expense Fund Contributions - Sec. 62.160. USE OF EXPENSE FUND CONTRIBUTIONS. (a) The expense...

Subchapter E. Conversion to Federal Association

Section 62.201. Conditions for Conversion - Sec. 62.201. CONDITIONS FOR CONVERSION. (a) The finance commission by...

Section 62.202. Application to Convert - Sec. 62.202. APPLICATION TO CONVERT. (a) An association may convert...

Section 62.203. Review by Commissioner; Approval - Sec. 62.203. REVIEW BY COMMISSIONER; APPROVAL. Not later than the...

Section 62.204. Hearing on Application - Sec. 62.204. HEARING ON APPLICATION. (a) A hearing set under...

Section 62.205. Consummation of Conversion - Sec. 62.205. CONSUMMATION OF CONVERSION. Within three months after the...

Section 62.206. Filing of Charter or Certificate - Sec. 62.206. FILING OF CHARTER OR CERTIFICATE. (a) The converted...

Section 62.207. Effect of Issuance of Charter - Sec. 62.207. EFFECT OF ISSUANCE OF CHARTER. On the issuance...

Section 62.208. Continuation of Corporate Existence - Sec. 62.208. CONTINUATION OF CORPORATE EXISTENCE. After an association is...

Section 62.209. Property and Obligations of Converted Association - Sec. 62.209. PROPERTY AND OBLIGATIONS OF CONVERTED ASSOCIATION. (a) The...

Subchapter F. Conversion of Federal Association or State or National Bank to State Association

Section 62.251. Application to Convert - Sec. 62.251. APPLICATION TO CONVERT. (a) A federal association or...

Section 62.252. Election of Directors; Execution and Acknowledgment of Application and Bylaws - Sec. 62.252. ELECTION OF DIRECTORS; EXECUTION AND ACKNOWLEDGMENT OF APPLICATION...

Section 62.253. Review by Commissioner; Approval - Sec. 62.253. REVIEW BY COMMISSIONER; APPROVAL. (a) On receipt of...

Section 62.254. Applicability of Subtitle to Converted Association - Sec. 62.254. APPLICABILITY OF SUBTITLE TO CONVERTED ASSOCIATION. (a) To...

Subchapter G. Conversion of Association to State or National Bank or State or Federal Savings Bank

Section 62.301. Application to Convert to State Savings Bank - Sec. 62.301. APPLICATION TO CONVERT TO STATE SAVINGS BANK. An...

Section 62.302. Application to Convert to State or National Bank or State or Federal Savings Bank - Sec. 62.302. APPLICATION TO CONVERT TO STATE OR NATIONAL BANK...

Section 62.303. Review by Commissioner; Approval - Sec. 62.303. REVIEW BY COMMISSIONER; APPROVAL. (a) The commissioner shall...

Section 62.304. Filing of Charter or Certificate - Sec. 62.304. FILING OF CHARTER OR CERTIFICATE. (a) The bank...

Section 62.305. Effect of Approval of Application and Issuance of Charter - Sec. 62.305. EFFECT OF APPROVAL OF APPLICATION AND ISSUANCE OF...

Section 62.306. Continuation of Corporate Existence - Sec. 62.306. CONTINUATION OF CORPORATE EXISTENCE. After an association is...

Section 62.307. Property and Obligations of Converted Association - Sec. 62.307. PROPERTY AND OBLIGATIONS OF CONVERTED ASSOCIATION. (a) The...

Subchapter H. Reorganization, Merger, and Consolidation

Section 62.351. Authority to Reorganize, Merge, or Consolidate - Sec. 62.351. AUTHORITY TO REORGANIZE, MERGE, OR CONSOLIDATE. (a) An...

Section 62.352. Continuation of Corporate Existence; Home Office of Surviving Entity - Sec. 62.352. CONTINUATION OF CORPORATE EXISTENCE; HOME OFFICE OF SURVIVING...

Section 62.353. Notice and Hearing; Confidentiality - Sec. 62.353. NOTICE AND HEARING; CONFIDENTIALITY. (a) On presentation of...

Section 62.354. Denial by Commissioner of Plan - Sec. 62.354. DENIAL BY COMMISSIONER OF PLAN. The commissioner shall...

Subchapter I. Additional Provisions for Merger or Consolidation of Domestic and Foreign Associations

Section 62.401. Applicability of Subchapter - Sec. 62.401. APPLICABILITY OF SUBCHAPTER. (a) This subchapter applies only...

Section 62.402. Adoption of Merger or Consolidation Plan - Sec. 62.402. ADOPTION OF MERGER OR CONSOLIDATION PLAN. The board...

Section 62.403. Notice and Hearing; Confidentiality - Sec. 62.403. NOTICE AND HEARING; CONFIDENTIALITY. If the commissioner considers...

Section 62.404. Denial by Commissioner of Application - Sec. 62.404. DENIAL BY COMMISSIONER OF APPLICATION. If the surviving...

Section 62.405. Approval by Commissioner of Plan - Sec. 62.405. APPROVAL BY COMMISSIONER OF PLAN. (a) If the...

Section 62.406. Enforcement of Condition, Restriction, or Requirement on Surviving Foreign Association - Sec. 62.406. ENFORCEMENT OF CONDITION, RESTRICTION, OR REQUIREMENT ON SURVIVING...

Subchapter J. Merger of Subsidiary Corporation

Section 62.451. Authority to Merge - Sec. 62.451. AUTHORITY TO MERGE. One or more corporations organized...

Section 62.452. Articles of Merger - Sec. 62.452. ARTICLES OF MERGER. (a) The articles of merger...

Section 62.453. Approval of Merger - Sec. 62.453. APPROVAL OF MERGER. (a) The secretary of state...

Section 62.454. Effect of Merger - Sec. 62.454. EFFECT OF MERGER. (a) A merger takes effect...

Section 62.455. Inapplicability of Subchapter H - Sec. 62.455. INAPPLICABILITY OF SUBCHAPTER H. Subchapter H does not...

Subchapter K. Voluntary Liquidation

Section 62.501. Resolution to Liquidate and Dissolve; Approval by Commissioner - Sec. 62.501. RESOLUTION TO LIQUIDATE AND DISSOLVE; APPROVAL BY COMMISSIONER....

Section 62.502. Distribution of Assets - Sec. 62.502. DISTRIBUTION OF ASSETS. (a) The board, under the...

Section 62.503. Final Report and Accounting - Sec. 62.503. FINAL REPORT AND ACCOUNTING. (a) On completion of...

Subchapter L. Change of Control of Association

Section 62.551. Inapplicability of Subchapter - Sec. 62.551. INAPPLICABILITY OF SUBCHAPTER. This subchapter does not apply...

Section 62.552. Effect of Subchapter on Other Law - Sec. 62.552. EFFECT OF SUBCHAPTER ON OTHER LAW. This subchapter...

Section 62.553. Application for Change of Control - Sec. 62.553. APPLICATION FOR CHANGE OF CONTROL. (a) Control of...

Section 62.554. Application Filing Fee - Sec. 62.554. APPLICATION FILING FEE. (a) The finance commission by...

Section 62.555. Denial of Application - Sec. 62.555. DENIAL OF APPLICATION. (a) The commissioner by order...

Section 62.556. Appeal to Commissioner of Denial - Sec. 62.556. APPEAL TO COMMISSIONER OF DENIAL. (a) If the...

Section 62.557. Judicial Review - Sec. 62.557. JUDICIAL REVIEW. (a) An applicant may appeal the...

Section 62.558. Unauthorized Change of Control - Sec. 62.558. UNAUTHORIZED CHANGE OF CONTROL. If it appears that...

Section 62.559. Confidentiality - Sec. 62.559. CONFIDENTIALITY. (a) Except as provided by this section,...

Section 62.560. Injunction - Sec. 62.560. INJUNCTION. (a) The attorney general on behalf of...

Section 62.561. Criminal Penalty - Sec. 62.561. CRIMINAL PENALTY. (a) A person commits an offense...

Chapter 63 - General Powers

Section 63.001. General Corporate Powers - Sec. 63.001. GENERAL CORPORATE POWERS. (a) An association has all...

Section 63.002. Enlargement of Powers - Sec. 63.002. ENLARGEMENT OF POWERS. Notwithstanding any other provision of...

Section 63.003. Powers of Federal Association - Sec. 63.003. POWERS OF FEDERAL ASSOCIATION. A federal association and...

Section 63.004. Power to Borrow - Sec. 63.004. POWER TO BORROW. (a) An association may: (1)...

Section 63.005. Fiscal Agent - Sec. 63.005. FISCAL AGENT. (a) An association may act as...

Section 63.006. Power to Act Under Certain Federal Retirement Plans - Sec. 63.006. POWER TO ACT UNDER CERTAIN FEDERAL RETIREMENT PLANS....

Section 63.007. Right to Act to Avoid Loss - Sec. 63.007. RIGHT TO ACT TO AVOID LOSS. This subtitle...

Section 63.008. Closing Place of Business - Sec. 63.008. CLOSING PLACE OF BUSINESS. An association or a...

Section 63.009. Emergency Closing - Sec. 63.009. EMERGENCY CLOSING. (a) If the officers of an...

Section 63.010. Effect of Closing - Sec. 63.010. EFFECT OF CLOSING. (a) A day on which...

Chapter 64 - Loans and Investments

Subchapter A. General Provisions

Section 64.001. Adoption of Rules - Sec. 64.001. ADOPTION OF RULES. (a) The finance commission shall...

Section 64.002. Content of Rules - Sec. 64.002. CONTENT OF RULES. Rules adopted under this subchapter...

Section 64.003. Prohibited Transactions - Sec. 64.003. PROHIBITED TRANSACTIONS. An association may not engage in...

Subchapter B. Loan Expenses

Section 64.021. Borrower Payment of Loan Expenses - Sec. 64.021. BORROWER PAYMENT OF LOAN EXPENSES. An association may...

Section 64.022. Collection of Loan Expenses - Sec. 64.022. COLLECTION OF LOAN EXPENSES. An expense payment authorized...

Section 64.023. Character of Loan Expense Payments - Sec. 64.023. CHARACTER OF LOAN EXPENSE PAYMENTS. An expense payment...

Subchapter C. Loan Payments

Section 64.041. Penalty for Prepayment or Late Payment - Sec. 64.041. PENALTY FOR PREPAYMENT OR LATE PAYMENT. An association...

Section 64.042. Application of Prepayments to Loan Installments - Sec. 64.042. APPLICATION OF PREPAYMENTS TO LOAN INSTALLMENTS. Unless otherwise...

Subchapter D. Charges Relating to Real Property Loans

Section 64.061. Advances Paid by Association - Sec. 64.061. ADVANCES PAID BY ASSOCIATION. (a) An association may...

Section 64.062. Advances Are Lien on Property - Sec. 64.062. ADVANCES ARE LIEN ON PROPERTY. A payment under...

Section 64.063. Payment of Estimated Charges by Borrower - Sec. 64.063. PAYMENT OF ESTIMATED CHARGES BY BORROWER. (a) To...

Section 64.064. Record of Charges - Sec. 64.064. RECORD OF CHARGES. An association shall keep a...

Subchapter E. Investment in Local Service Area

Section 64.081. Required Investments - Sec. 64.081. REQUIRED INVESTMENTS. An association shall maintain in the...

Section 64.082. Designation of Local Service Area - Sec. 64.082. DESIGNATION OF LOCAL SERVICE AREA. (a) The commissioner...

Section 64.083. Rules - Sec. 64.083. RULES. The finance commission shall adopt rules to...

Section 64.084. Waivers - Sec. 64.084. WAIVERS. The commissioner may grant a limited-term waiver...

Subchapter F. Property of Association

Section 64.101. Real Property on Which Association Facility Is Located - Sec. 64.101. REAL PROPERTY ON WHICH ASSOCIATION FACILITY IS LOCATED....

Section 64.102. Disposal of Other Real Property - Sec. 64.102. DISPOSAL OF OTHER REAL PROPERTY. An association shall...

Section 64.103. Transactions Relating to Association's Real Property - Sec. 64.103. TRANSACTIONS RELATING TO ASSOCIATION'S REAL PROPERTY. On authorization...

Section 64.104. Record of Charges on Real and Personal Property - Sec. 64.104. RECORD OF CHARGES ON REAL AND PERSONAL PROPERTY....

Chapter 65 - Savings Accounts

Subchapter A. General Provisions

Section 65.001. Limitations on Accounts - Sec. 65.001. LIMITATIONS ON ACCOUNTS. The board of directors of...

Section 65.002. Investment in Accounts - Sec. 65.002. INVESTMENT IN ACCOUNTS. (a) Any person may be...

Section 65.003. Savings Contract - Sec. 65.003. SAVINGS CONTRACT. (a) Each holder of a savings...

Section 65.004. Evidence of Account - Sec. 65.004. EVIDENCE OF ACCOUNT. An association shall issue an...

Section 65.005. Account Ownership - Sec. 65.005. ACCOUNT OWNERSHIP. Unless an association has acknowledged in...

Section 65.006. Transfer of Account - Sec. 65.006. TRANSFER OF ACCOUNT. (a) A savings account may...

Section 65.007. Lost or Destroyed Account Book or Certificate - Sec. 65.007. LOST OR DESTROYED ACCOUNT BOOK OR CERTIFICATE. (a)...

Section 65.008. Account Withdrawals - Sec. 65.008. ACCOUNT WITHDRAWALS. (a) A savings account holder at...

Section 65.009. Interest or Dividends Paid on Accounts - Sec. 65.009. INTEREST OR DIVIDENDS PAID ON ACCOUNTS. (a) An...

Section 65.010. Redemption of Savings Account - Sec. 65.010. REDEMPTION OF SAVINGS ACCOUNT. (a) An association may...

Section 65.011. Lien on Savings Account - Sec. 65.011. LIEN ON SAVINGS ACCOUNT. (a) Without further agreement...

Section 65.012. Priority of Accounts; Notice of Withdrawal - Sec. 65.012. PRIORITY OF ACCOUNTS; NOTICE OF WITHDRAWAL. (a) An...

Section 65.013. Account as Legal Investment - Sec. 65.013. ACCOUNT AS LEGAL INVESTMENT. (a) Each of the...

Subchapter B. Provisions Applicable to Specific Types of Accounts

Section 65.101. Account Held by Minor - Sec. 65.101. ACCOUNT HELD BY MINOR. (a) An association or...

Section 65.102. Account Held by More Than One Person - Sec. 65.102. ACCOUNT HELD BY MORE THAN ONE PERSON. (a)...

Section 65.103. Joint Tenancy Account Held by Husband and Wife - Sec. 65.103. JOINT TENANCY ACCOUNT HELD BY HUSBAND AND WIFE....

Section 65.104. Pledge of Joint Account - Sec. 65.104. PLEDGE OF JOINT ACCOUNT. (a) Unless the terms...

Section 65.105. Account Held by Fiduciary - Sec. 65.105. ACCOUNT HELD BY FIDUCIARY. (a) An association or...

Section 65.106. Trust Account; Undisclosed Trust Instrument - Sec. 65.106. TRUST ACCOUNT; UNDISCLOSED TRUST INSTRUMENT. (a) If an...

Section 65.107. Power of Attorney Account - Sec. 65.107. POWER OF ATTORNEY ACCOUNT. (a) An association or...

Chapter 66 - Enforcement and Regulation

Subchapter A. General Provisions

Section 66.001. General Duties - Sec. 66.001. GENERAL DUTIES. The Department of Savings and Mortgage...

Section 66.002. Adoption of Rules - Sec. 66.002. ADOPTION OF RULES. The finance commission may adopt...

Subchapter B. Examinations

Section 66.051. Examinations - Sec. 66.051. EXAMINATIONS. (a) The commissioner shall periodically examine the...

Section 66.052. Additional Examinations - Sec. 66.052. ADDITIONAL EXAMINATIONS. (a) The commissioner at the association's...

Section 66.053. Access to Books and Records - Sec. 66.053. ACCESS TO BOOKS AND RECORDS. The commissioner, a...

Section 66.054. Subpoena; Administration of Oath or Affirmation - Sec. 66.054. SUBPOENA; ADMINISTRATION OF OATH OR AFFIRMATION. (a) In...

Subchapter C. Supervisory Intervention

Section 66.101. Intervention for Violations and Unsafe and Unsound Practices - Sec. 66.101. INTERVENTION FOR VIOLATIONS AND UNSAFE AND UNSOUND PRACTICES....

Section 66.102. Intervention for Filing Inappropriate Information - Sec. 66.102. INTERVENTION FOR FILING INAPPROPRIATE INFORMATION. The commissioner may...

Section 66.103. Intervention for Activity Resulting in Actual or Potential Loss - Sec. 66.103. INTERVENTION FOR ACTIVITY RESULTING IN ACTUAL OR POTENTIAL...

Section 66.104. Intervention Relating to Examination of Affairs - Sec. 66.104. INTERVENTION RELATING TO EXAMINATION OF AFFAIRS. (a) The...

Section 66.105. Temporary Supervisory Order - Sec. 66.105. TEMPORARY SUPERVISORY ORDER. (a) If the commissioner has...

Section 66.106. Service of Temporary Supervisory Order - Sec. 66.106. SERVICE OF TEMPORARY SUPERVISORY ORDER. (a) A temporary...

Section 66.107. Hearing on Temporary Supervisory Order; Final Order - Sec. 66.107. HEARING ON TEMPORARY SUPERVISORY ORDER; FINAL ORDER. (a)...

Section 66.108. Plan of Operation of Association After Order of Temporary Conservatorship - Sec. 66.108. PLAN OF OPERATION OF ASSOCIATION AFTER ORDER OF...

Section 66.109. Enforcement of Supervisory Order - Sec. 66.109. ENFORCEMENT OF SUPERVISORY ORDER. (a) The commissioner, after...

Section 66.110. Stay of Supervisory Order - Sec. 66.110. STAY OF SUPERVISORY ORDER. (a) A temporary supervisory...

Section 66.111. Disclosure of Information in Supervisory Order; Confidentiality - Sec. 66.111. DISCLOSURE OF INFORMATION IN SUPERVISORY ORDER; CONFIDENTIALITY. (a)...

Subchapter D. Conservatorship

Section 66.151. Placement of Association Under Conservatorship - Sec. 66.151. PLACEMENT OF ASSOCIATION UNDER CONSERVATORSHIP. If the commissioner...

Section 66.152. Duties of Conservator - Sec. 66.152. DUTIES OF CONSERVATOR. (a) The conservator and any...

Section 66.153. Term of Conservator - Sec. 66.153. TERM OF CONSERVATOR. The conservator shall serve until...

Section 66.154. Transfer of Management of Rehabilitated Association - Sec. 66.154. TRANSFER OF MANAGEMENT OF REHABILITATED ASSOCIATION. If the...

Section 66.155. Scope of Authority of Other Persons During Conservatorship - Sec. 66.155. SCOPE OF AUTHORITY OF OTHER PERSONS DURING CONSERVATORSHIP....

Section 66.156. Cost of Conservatorship - Sec. 66.156. COST OF CONSERVATORSHIP. (a) The commissioner shall determine...

Section 66.157. Venue - Sec. 66.157. VENUE. A suit filed against an association or...

Subchapter E. Voluntary Supervisory Control

Section 66.201. Placement of Association Under Voluntary Supervisory Control - Sec. 66.201. PLACEMENT OF ASSOCIATION UNDER VOLUNTARY SUPERVISORY CONTROL. (a)...

Section 66.202. Powers of Supervisors - Sec. 66.202. POWERS OF SUPERVISORS. A supervisor or deputy supervisor...

Section 66.203. Cost of Supervisory Control - Sec. 66.203. COST OF SUPERVISORY CONTROL. The cost of the...

Subchapter F. Closing

Section 66.251. Closing of Association by Board Resolution - Sec. 66.251. CLOSING OF ASSOCIATION BY BOARD RESOLUTION. An association's...

Section 66.252. Closing of Association by Commissioner's Order - Sec. 66.252. CLOSING OF ASSOCIATION BY COMMISSIONER'S ORDER. The commissioner...

Section 66.253. Notice of Closing - Sec. 66.253. NOTICE OF CLOSING. (a) Immediately after an association...

Section 66.254. Effect of Closing - Sec. 66.254. EFFECT OF CLOSING. (a) On closing an association...

Section 66.255. Hearing on Commissioner's Order - Sec. 66.255. HEARING ON COMMISSIONER'S ORDER. (a) Not later than...

Subchapter G. Liquidation

Section 66.301. Liquidation of Association - Sec. 66.301. LIQUIDATION OF ASSOCIATION. (a) If the commissioner doubts...

Section 66.302. Removal or Replacement of Liquidating Agent - Sec. 66.302. REMOVAL OR REPLACEMENT OF LIQUIDATING AGENT. (a) The...

Section 66.303. Duties of Liquidating Agent - Sec. 66.303. DUTIES OF LIQUIDATING AGENT. (a) Under the commissioner's...

Section 66.304. Notice - Sec. 66.304. NOTICE. (a) Under the commissioner's supervision, the liquidating...

Section 66.305. Presentation of Claim - Sec. 66.305. PRESENTATION OF CLAIM. (a) To be entitled to...

Section 66.306. Priority of Claims - Sec. 66.306. PRIORITY OF CLAIMS. On liquidation of an association,...

Section 66.307. Action on Claim - Sec. 66.307. ACTION ON CLAIM. (a) Within three months after...

Section 66.308. Hearing on Claim; Appeal of Adverse Determination of Claim - Sec. 66.308. HEARING ON CLAIM; APPEAL OF ADVERSE DETERMINATION OF...

Section 66.309. Payment of Final Dividend - Sec. 66.309. PAYMENT OF FINAL DIVIDEND. (a) The liquidating agent...

Section 66.310. Deposit of Money by Liquidating Agent - Sec. 66.310. DEPOSIT OF MONEY BY LIQUIDATING AGENT. The liquidating...

Section 66.311. Payment of Nonclaiming Depositors and Creditors - Sec. 66.311. PAYMENT OF NONCLAIMING DEPOSITORS AND CREDITORS. (a) Except...

Section 66.312. Cost of Liquidation - Sec. 66.312. COST OF LIQUIDATION. (a) The commissioner shall determine...

Section 66.313. Final Report - Sec. 66.313. FINAL REPORT. After paying a final dividend as...

Section 66.314. Continued Existence of Association Following Liquidation - Sec. 66.314. CONTINUED EXISTENCE OF ASSOCIATION FOLLOWING LIQUIDATION. For the...

Section 66.315. Special Liquidating Agent - Sec. 66.315. SPECIAL LIQUIDATING AGENT. At the completion of the...

Section 66.316. Closing of Liquidation; Order and Liability - Sec. 66.316. CLOSING OF LIQUIDATION; ORDER AND LIABILITY. (a) The...

Section 66.317. Administrative Procedure - Sec. 66.317. ADMINISTRATIVE PROCEDURE. The procedures for a contested case...

Subchapter H. Receivership of Uninsured Associations

Section 66.351. Placement of Certain Associations in Receivership - Sec. 66.351. PLACEMENT OF CERTAIN ASSOCIATIONS IN RECEIVERSHIP. (a) After...

Section 66.352. Duties of Receiver - Sec. 66.352. DUTIES OF RECEIVER. On appointment, the receiver shall:...

Section 66.353. Compensation of Receiver - Sec. 66.353. COMPENSATION OF RECEIVER. The receiver is entitled to...

Section 66.354. Effect of Receivership on Commissioner and Liquidating Agent - Sec. 66.354. EFFECT OF RECEIVERSHIP ON COMMISSIONER AND LIQUIDATING AGENT....

Section 66.355. Receipt of Items as Evidence in Receivership Proceeding; Certification - Sec. 66.355. RECEIPT OF ITEMS AS EVIDENCE IN RECEIVERSHIP PROCEEDING;...

Section 66.356. Title and Custody of Association's Assets - Sec. 66.356. TITLE AND CUSTODY OF ASSOCIATION'S ASSETS. (a) The...

Subchapter I. Miscellaneous Provisions

Section 66.401. Derivative Suit - Sec. 66.401. DERIVATIVE SUIT. (a) The commissioner may bring a...

Section 66.402. Payment of Insured Deposit Liabilities by Fdic - Sec. 66.402. PAYMENT OF INSURED DEPOSIT LIABILITIES BY FDIC. If...

Section 66.403. Enforceability of Loan Promise or Agreement Made by Association Before Conservatorship or Supervisory Control - Sec. 66.403. ENFORCEABILITY OF LOAN PROMISE OR AGREEMENT MADE BY...

Chapter 67 - Foreign Financial Institutions

Subchapter A. General Provisions

Section 67.001. Limitation on Right to Do Business as Savings and Loan Association - Sec. 67.001. LIMITATION ON RIGHT TO DO BUSINESS AS SAVINGS...

Section 67.002. Application of Law and Rules - Sec. 67.002. APPLICATION OF LAW AND RULES. This subtitle and...

Section 67.003. Contracts Construed Under Law of This State - Sec. 67.003. CONTRACTS CONSTRUED UNDER LAW OF THIS STATE. A...

Section 67.004. Federal Associations - Sec. 67.004. FEDERAL ASSOCIATIONS. A federal association is not a...

Subchapter B. Powers of Foreign Association; Eligibility of Accounts for Investment

Section 67.101. Powers of Foreign Association; Eligibility of Accounts for Investment - Sec. 67.101. POWERS OF FOREIGN ASSOCIATION; ELIGIBILITY OF ACCOUNTS FOR...

Subchapter C. Certificate of Authority

Section 67.201. Renewal of Certificate - Sec. 67.201. RENEWAL OF CERTIFICATE. A foreign association may renew...

Section 67.202. Revocation of Certificate - Sec. 67.202. REVOCATION OF CERTIFICATE. (a) The commissioner may revoke...

Subchapter D. Examination and Regulation

Section 67.301. Frequency of Examination - Sec. 67.301. FREQUENCY OF EXAMINATION. A foreign association may not...

Section 67.302. Examination Charges - Sec. 67.302. EXAMINATION CHARGES. A foreign association holding a certificate...

Section 67.303. Agreement With Regulatory Authority of Other State - Sec. 67.303. AGREEMENT WITH REGULATORY AUTHORITY OF OTHER STATE. (a)...

Section 67.304. Commissioner's Authority to Issue Orders - Sec. 67.304. COMMISSIONER'S AUTHORITY TO ISSUE ORDERS. The commissioner may...

Chapter 89 - Miscellaneous Provisions Applicable to Savings and Loan Associations

Subchapter A. General Miscellaneous Provisions

Section 89.001. Applicability of Chapter 4, Business & Commerce Code - Sec. 89.001. APPLICABILITY OF CHAPTER 4, BUSINESS & COMMERCE CODE....

Section 89.002. Acknowledgment or Proof Taken by Member, Stockholder, or Employee of Association - Sec. 89.002. ACKNOWLEDGMENT OR PROOF TAKEN BY MEMBER, STOCKHOLDER, OR...

Section 89.003. Rendition of Certain Personal Property for Ad Valorem Taxation - Sec. 89.003. RENDITION OF CERTAIN PERSONAL PROPERTY FOR AD VALOREM...

Section 89.004. Initiation of Rulemaking by Associations - Sec. 89.004. INITIATION OF RULEMAKING BY ASSOCIATIONS. The finance commission...

Section 89.005. Exemption From Securities Laws - Sec. 89.005. EXEMPTION FROM SECURITIES LAWS. A savings account, certificate,...

Section 89.006. Liability of Commissioner and Other Commission Personnel; Defense by Attorney General - Sec. 89.006. LIABILITY OF COMMISSIONER AND OTHER COMMISSION PERSONNEL; DEFENSE...

Section 89.007. Association Authorized to Conduct Savings and Loan Business Under Prior Law Now Subject to Subtitle - Sec. 89.007. ASSOCIATION AUTHORIZED TO CONDUCT SAVINGS AND LOAN BUSINESS...

Section 89.008. Offices of Federal Associations - Sec. 89.008. OFFICES OF FEDERAL ASSOCIATIONS. A federal association that...

Subchapter B. Access to and Disclosure of Certain Information

Section 89.051. Access to Books and Records of Association - Sec. 89.051. ACCESS TO BOOKS AND RECORDS OF ASSOCIATION. (a)...

Section 89.052. Disclosure of Information Held by Department About an Association; Liability - Sec. 89.052. DISCLOSURE OF INFORMATION HELD BY DEPARTMENT ABOUT AN...

Subchapter C. Offenses and Penalties

Section 89.101. Criminal Slander - Sec. 89.101. CRIMINAL SLANDER. (a) A person commits an offense...

Section 89.102. General Administrative Penalty - Sec. 89.102. GENERAL ADMINISTRATIVE PENALTY. (a) The commissioner may require...

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Texas Statutes Title 3 - Financial Institutions and Businesses Subtitle B - Savings and Loan Associations

Texas Statutes
Title 3 - Financial Institutions and Businesses
Subtitle B - Savings and Loan Associations