Texas Statutes
Title 3 - Financial Institutions and Businesses
Subtitle C - Savings Banks

Section 92.058. Decision on Application to Incorporate; Issuance of Certificate of Incorporation - Sec. 92.058. DECISION ON APPLICATION TO INCORPORATE; ISSUANCE OF CERTIFICATE...

Section 92.059. Judicial Review - Sec. 92.059. JUDICIAL REVIEW. (a) An applicant may appeal a...

Section 92.060. Preference for Local Control - Sec. 92.060. PREFERENCE FOR LOCAL CONTROL. If more than one...

Section 92.061. Deadline for Commencing Business - Sec. 92.061. DEADLINE FOR COMMENCING BUSINESS. (a) A savings bank...

Section 92.062. Amendment of Articles of Incorporation or Bylaws - Sec. 92.062. AMENDMENT OF ARTICLES OF INCORPORATION OR BYLAWS. (a)...

Section 92.063. Change of Office or Name; Establishment of Additional Offices - Sec. 92.063. CHANGE OF OFFICE OR NAME; ESTABLISHMENT OF ADDITIONAL...

Subchapter C. Incorporation to Reorganize or Merge

Section 92.101. Purpose of Incorporation - Sec. 92.101. PURPOSE OF INCORPORATION. A person may apply to...

Section 92.102. Incorporation Requirements - Sec. 92.102. INCORPORATION REQUIREMENTS. (a) An application to incorporate a...

Section 92.103. Decision on Application; Issuance of Certificate of Incorporation - Sec. 92.103. DECISION ON APPLICATION; ISSUANCE OF CERTIFICATE OF INCORPORATION....

Subchapter D. Administration

Section 92.151. Organizational Meeting - Sec. 92.151. ORGANIZATIONAL MEETING. (a) Not later than the 30th...

Section 92.152. Board of Directors - Sec. 92.152. BOARD OF DIRECTORS. (a) A board of not...

Section 92.153. Qualification of Directors - Sec. 92.153. QUALIFICATION OF DIRECTORS. (a) A person is not...

Section 92.154. Officers - Sec. 92.154. OFFICERS. (a) The officers of a savings bank...

Section 92.155. Conflicts of Interest - Sec. 92.155. CONFLICTS OF INTEREST. (a) Except as the finance...

Section 92.156. Financial Institution Bond - Sec. 92.156. FINANCIAL INSTITUTION BOND. (a) A savings bank shall...

Section 92.157. Meetings of Members or Shareholders - Sec. 92.157. MEETINGS OF MEMBERS OR SHAREHOLDERS. (a) The members...

Section 92.158. Voting Rights - Sec. 92.158. VOTING RIGHTS. (a) The voting rights of a...

Subchapter E. Operations and Finances

Section 92.201. Books and Records - Sec. 92.201. BOOKS AND RECORDS. A savings bank shall maintain...

Section 92.203. Regulatory Capital - Sec. 92.203. REGULATORY CAPITAL. A savings bank shall maintain regulatory...

Section 92.204. Qualified Thrift Lender Test - Sec. 92.204. QUALIFIED THRIFT LENDER TEST. (a) A savings bank...

Section 92.205. Computation of Income - Sec. 92.205. COMPUTATION OF INCOME. (a) A savings bank shall...

Section 92.206. Insurance of Deposit Accounts - Sec. 92.206. INSURANCE OF DEPOSIT ACCOUNTS. A savings bank shall...

Section 92.207. Limitation on Issuance of Securities - Sec. 92.207. LIMITATION ON ISSUANCE OF SECURITIES. A savings bank...

Section 92.208. Common Stock - Sec. 92.208. COMMON STOCK. (a) A savings bank may not...

Section 92.209. Preferred Stock - Sec. 92.209. PREFERRED STOCK. (a) A savings bank may not...

Section 92.210. Series and Classes of Preferred Stock - Sec. 92.210. SERIES AND CLASSES OF PREFERRED STOCK. (a) The...

Section 92.211. Dividends on Capital Stock - Sec. 92.211. DIVIDENDS ON CAPITAL STOCK. (a) The board of...

Section 92.212. Use of Surplus Accounts and Expense Fund Contributions - Sec. 92.212. USE OF SURPLUS ACCOUNTS AND EXPENSE FUND CONTRIBUTIONS....

Section 92.213. Use of Expense Fund Contributions - Sec. 92.213. USE OF EXPENSE FUND CONTRIBUTIONS. (a) The expense...

Subchapter F. Conversion of Savings Bank to Other Financial Institution

Section 92.251. Conditions for Conversion - Sec. 92.251. CONDITIONS FOR CONVERSION. (a) The finance commission by...

Section 92.252. Application for Conversion - Sec. 92.252. APPLICATION FOR CONVERSION. (a) A savings bank may...

Section 92.253. Action by Commissioner on Application - Sec. 92.253. ACTION BY COMMISSIONER ON APPLICATION. Not later than...

Section 92.254. Hearing on Application - Sec. 92.254. HEARING ON APPLICATION. (a) A hearing set under...

Section 92.255. Consummation of Conversion - Sec. 92.255. CONSUMMATION OF CONVERSION. Within three months after the...

Section 92.256. Filing of Charter or Certificate - Sec. 92.256. FILING OF CHARTER OR CERTIFICATE. (a) The new...

Section 92.257. Effect of Issuance of Charter - Sec. 92.257. EFFECT OF ISSUANCE OF CHARTER. On the issuance...

Section 92.258. Continuation of Corporate Existence - Sec. 92.258. CONTINUATION OF CORPORATE EXISTENCE. After a savings bank...

Section 92.259. Property and Obligations of Converted Savings Bank - Sec. 92.259. PROPERTY AND OBLIGATIONS OF CONVERTED SAVINGS BANK. The...

Subchapter G. Conversion of Other Financial Institution to Savings Bank

Section 92.301. Application to Convert - Sec. 92.301. APPLICATION TO CONVERT. (a) Another financial institution may...

Section 92.302. Election of Directors; Execution and Acknowledgment of Application and Bylaws - Sec. 92.302. ELECTION OF DIRECTORS; EXECUTION AND ACKNOWLEDGMENT OF APPLICATION...

Section 92.303. Review by Commissioner; Approval - Sec. 92.303. REVIEW BY COMMISSIONER; APPROVAL. (a) On receipt of...

Section 92.304. Hearing on Denial; Appeal - Sec. 92.304. HEARING ON DENIAL; APPEAL. (a) An applicant is...

Section 92.305. Continuation of Corporate Existence - Sec. 92.305. CONTINUATION OF CORPORATE EXISTENCE. After another financial institution...

Section 92.306. Property and Obligations of Converted Institution - Sec. 92.306. PROPERTY AND OBLIGATIONS OF CONVERTED INSTITUTION. (a) The...

Section 92.307. Effect of Conversion on Pending Legal Action - Sec. 92.307. EFFECT OF CONVERSION ON PENDING LEGAL ACTION. (a)...

Section 92.308. Local Filing of Conversion Order Required - Sec. 92.308. LOCAL FILING OF CONVERSION ORDER REQUIRED. The savings...

Subchapter H. Reorganization, Merger, and Consolidation in General

Section 92.351. Authority to Reorganize, Merge, or Consolidate - Sec. 92.351. AUTHORITY TO REORGANIZE, MERGE, OR CONSOLIDATE. (a) A...

Section 92.352. Notice and Hearing; Confidentiality - Sec. 92.352. NOTICE AND HEARING; CONFIDENTIALITY. (a) On receiving a...

Section 92.353. Denial by Commissioner of Plan - Sec. 92.353. DENIAL BY COMMISSIONER OF PLAN. The commissioner shall...

Section 92.354. Alternative or Additional Procedures - Sec. 92.354. ALTERNATIVE OR ADDITIONAL PROCEDURES. If the surviving financial...

Section 92.355. Continuation of Corporate Existence; Home Office of Surviving Entity - Sec. 92.355. CONTINUATION OF CORPORATE EXISTENCE; HOME OFFICE OF SURVIVING...

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

Section 92.401. Applicability of Subchapter - Sec. 92.401. APPLICABILITY OF SUBCHAPTER. (a) Except as provided by...

Section 92.402. Adoption of Merger or Consolidation Plan - Sec. 92.402. ADOPTION OF MERGER OR CONSOLIDATION PLAN. The board...

Section 92.403. Notice and Hearing; Confidentiality - Sec. 92.403. NOTICE AND HEARING; CONFIDENTIALITY. If the commissioner considers...

Section 92.404. Denial by Commissioner of Application - Sec. 92.404. DENIAL BY COMMISSIONER OF APPLICATION. If the surviving...

Section 92.405. Approval by Commissioner of Plan - Sec. 92.405. APPROVAL BY COMMISSIONER OF PLAN. (a) If the...

Section 92.406. Enforcement of Condition, Restriction, or Requirement on Surviving Foreign Savings Bank - Sec. 92.406. ENFORCEMENT OF CONDITION, RESTRICTION, OR REQUIREMENT ON SURVIVING...

Section 92.407. Merger of Foreign Savings and Loan Association - Sec. 92.407. MERGER OF FOREIGN SAVINGS AND LOAN ASSOCIATION. (a)...

Subchapter J. Merger of Subsidiary Corporation

Section 92.451. Authority to Merge - Sec. 92.451. AUTHORITY TO MERGE. One or more corporations organized...

Section 92.452. Articles of Merger - Sec. 92.452. ARTICLES OF MERGER. (a) The articles of merger...

Section 92.453. Approval of Merger - Sec. 92.453. APPROVAL OF MERGER. (a) The secretary of state...

Section 92.454. Effect of Merger - Sec. 92.454. EFFECT OF MERGER. (a) A merger takes effect...

Section 92.455. Inapplicability of Subchapter H - Sec. 92.455. INAPPLICABILITY OF SUBCHAPTER H. Subchapter H does not...

Subchapter K. Voluntary Liquidation

Section 92.501. Resolution to Liquidate and Dissolve - Sec. 92.501. RESOLUTION TO LIQUIDATE AND DISSOLVE. (a) A savings...

Section 92.502. Distribution of Assets - Sec. 92.502. DISTRIBUTION OF ASSETS. (a) The board, under the...

Section 92.503. Final Report and Accounting - Sec. 92.503. FINAL REPORT AND ACCOUNTING. (a) On completion of...

Subchapter L. Change of Control of Savings Bank

Section 92.551. Inapplicability of Subchapter - Sec. 92.551. INAPPLICABILITY OF SUBCHAPTER. This subchapter does not apply...

Section 92.552. Effect of Subchapter on Other Law - Sec. 92.552. EFFECT OF SUBCHAPTER ON OTHER LAW. This subchapter...

Section 92.553. Application for Change of Control - Sec. 92.553. APPLICATION FOR CHANGE OF CONTROL. (a) Control of...

Section 92.554. Notice of Application - Sec. 92.554. NOTICE OF APPLICATION. (a) On receipt of an...

Section 92.555. Confidentiality - Sec. 92.555. CONFIDENTIALITY. (a) Except as provided by this section,...

Section 92.556. Denial of Application - Sec. 92.556. DENIAL OF APPLICATION. (a) The commissioner by order...

Section 92.557. Notice of Intent to Deny; Hearing - Sec. 92.557. NOTICE OF INTENT TO DENY; HEARING. (a) Not...

Section 92.558. Judicial Review - Sec. 92.558. JUDICIAL REVIEW. (a) An applicant may appeal a...

Section 92.559. Unauthorized Change of Control - Sec. 92.559. UNAUTHORIZED CHANGE OF CONTROL. If it appears that...

Section 92.560. Injunction - Sec. 92.560. INJUNCTION. (a) The attorney general on behalf of...

Section 92.561. Criminal Penalty - Sec. 92.561. CRIMINAL PENALTY. (a) A person commits an offense...

Subchapter M. Limited Savings Bank

Section 92.601. Application to Organize - Sec. 92.601. APPLICATION TO ORGANIZE. (a) Five or more adult...

Section 92.602. Liability of Members and Managers - Sec. 92.602. LIABILITY OF MEMBERS AND MANAGERS. A member, transferee...

Section 92.603. Contributions - Sec. 92.603. CONTRIBUTIONS. A member of a limited savings bank...

Section 92.604. Managers of Limited Savings Bank - Sec. 92.604. MANAGERS OF LIMITED SAVINGS BANK. (a) Management of...

Section 92.605. Withdrawal or Reduction of Member's Contribution - Sec. 92.605. WITHDRAWAL OR REDUCTION OF MEMBER'S CONTRIBUTION. (a) A...

Section 92.606. Company Agreement of Limited Savings Bank - Sec. 92.606. COMPANY AGREEMENT OF LIMITED SAVINGS BANK. (a) A...

Section 92.607. Dissolution - Sec. 92.607. DISSOLUTION. (a) A limited savings bank organized under...

Section 92.608. Allocation of Profits and Losses - Sec. 92.608. ALLOCATION OF PROFITS AND LOSSES. The profits and...

Section 92.609. Distributions - Sec. 92.609. DISTRIBUTIONS. Subject to rules adopted by the finance...

Section 92.610. Amendment of Governing Documents - Sec. 92.610. AMENDMENT OF GOVERNING DOCUMENTS. (a) A limited savings...

Section 92.611. Application of Other Provisions to Limited Savings Banks; Miscellaneous Provisions - Sec. 92.611. APPLICATION OF OTHER PROVISIONS TO LIMITED SAVINGS BANKS;...

Chapter 93 - General Powers

Section 93.001. General Corporate Powers - Sec. 93.001. GENERAL CORPORATE POWERS. (a) A savings bank has...

Section 93.002. Enlargement of Powers - Sec. 93.002. ENLARGEMENT OF POWERS. (a) The finance commission by...

Section 93.003. Powers of Federal Savings Bank - Sec. 93.003. POWERS OF FEDERAL SAVINGS BANK. A federal savings...

Section 93.004. Power to Borrow - Sec. 93.004. POWER TO BORROW. (a) A savings bank may...

Section 93.005. Fiscal Agent - Sec. 93.005. FISCAL AGENT. (a) A savings bank may act...

Section 93.006. Power to Act Under Certain Federal Retirement Plans - Sec. 93.006. POWER TO ACT UNDER CERTAIN FEDERAL RETIREMENT PLANS....

Section 93.007. Trust Powers - Sec. 93.007. TRUST POWERS. (a) A savings bank may exercise...

Section 93.008. Powers Relative to Other Financial Institutions - Sec. 93.008. POWERS RELATIVE TO OTHER FINANCIAL INSTITUTIONS. (a) Subject...

Section 93.009. Right to Act to Avoid Loss - Sec. 93.009. RIGHT TO ACT TO AVOID LOSS. (a) This...

Section 93.010. Closing Place of Business - Sec. 93.010. CLOSING PLACE OF BUSINESS. A savings bank may...

Section 93.011. Emergency Closing - Sec. 93.011. EMERGENCY CLOSING. (a) If the officers of a...

Section 93.012. Effect of Closing - Sec. 93.012. EFFECT OF CLOSING. (a) A day on which...

Chapter 94 - Loans and Investments

Subchapter A. Limitations on Loans

Section 94.001. Loans to One Borrower - Sec. 94.001. LOANS TO ONE BORROWER. (a) The finance commission...

Section 94.002. Commercial Loans - Sec. 94.002. COMMERCIAL LOANS. (a) Subject to rules adopted by...

Subchapter B. Loan Expenses

Section 94.051. Borrower Payment of Loan Expenses - Sec. 94.051. BORROWER PAYMENT OF LOAN EXPENSES. Subject to Section...

Section 94.052. Consumer Loans - Sec. 94.052. CONSUMER LOANS. In the case of a consumer...

Section 94.053. Collection of Loan Expenses - Sec. 94.053. COLLECTION OF LOAN EXPENSES. An expense payment authorized...

Section 94.054. Character of Loan Expense Payments - Sec. 94.054. CHARACTER OF LOAN EXPENSE PAYMENTS. An expense payment...

Subchapter C. Loan Payments

Section 94.101. Penalty for Prepayment or Late Payment - Sec. 94.101. PENALTY FOR PREPAYMENT OR LATE PAYMENT. A savings...

Section 94.102. Application of Prepayments to Loan Installments - Sec. 94.102. APPLICATION OF PREPAYMENTS TO LOAN INSTALLMENTS. Unless otherwise...

Subchapter D. Charges Relating to Real Property Loans

Section 94.151. Advances Paid by Savings Bank - Sec. 94.151. ADVANCES PAID BY SAVINGS BANK. (a) A savings...

Section 94.152. Advances Are Lien on Property - Sec. 94.152. ADVANCES ARE LIEN ON PROPERTY. A payment under...

Section 94.153. Payment of Estimated Charges by Borrower - Sec. 94.153. PAYMENT OF ESTIMATED CHARGES BY BORROWER. (a) To...

Section 94.154. Record of Charges - Sec. 94.154. RECORD OF CHARGES. A savings bank shall keep...

Subchapter F. Investment in Equity Securities

Section 94.251. Limitations on Investment in Equity Securities - Sec. 94.251. LIMITATIONS ON INVESTMENT IN EQUITY SECURITIES. (a) A...

Section 94.252. Inapplicability of Limitations - Sec. 94.252. INAPPLICABILITY OF LIMITATIONS. The limitations under Section 94.251...

Section 94.253. Rules - Sec. 94.253. RULES. The finance commission may adopt rules necessary...

Subchapter G. Investment in Subsidiaries

Section 94.301. Authorization - Sec. 94.301. AUTHORIZATION. With the prior consent of the commissioner...

Section 94.302. Limitation on Investment in Subsidiaries - Sec. 94.302. LIMITATION ON INVESTMENT IN SUBSIDIARIES. (a) A savings...

Section 94.303. Regulation and Examination of Subsidiary - Sec. 94.303. REGULATION AND EXAMINATION OF SUBSIDIARY. (a) The commissioner...

Section 94.304. Rules - Sec. 94.304. RULES. The finance commission shall adopt rules on...

Subchapter H. Property of Savings Bank

Section 94.351. Investment in Banking Premises - Sec. 94.351. INVESTMENT IN BANKING PREMISES. Without prior approval of...

Section 94.352. Form of Savings Bank Facility - Sec. 94.352. FORM OF SAVINGS BANK FACILITY. The finance commission...

Section 94.353. Record of Charges on Real and Personal Property - Sec. 94.353. RECORD OF CHARGES ON REAL AND PERSONAL PROPERTY....

Chapter 95 - Deposit Accounts

Subchapter A. General Provisions

Section 95.001. Deposits - Sec. 95.001. DEPOSITS. (a) A savings bank may receive a...

Section 95.002. Limitations on Accounts - Sec. 95.002. LIMITATIONS ON ACCOUNTS. The board may limit the...

Section 95.003. Investment in Accounts - Sec. 95.003. INVESTMENT IN ACCOUNTS. (a) Any person may be...

Section 95.004. Deposit Contract - Sec. 95.004. DEPOSIT CONTRACT. (a) Each holder of a deposit...

Section 95.005. Account Ownership - Sec. 95.005. ACCOUNT OWNERSHIP. Unless a savings bank acknowledges in...

Section 95.006. Transfer of Account - Sec. 95.006. TRANSFER OF ACCOUNT. (a) A deposit account may...

Section 95.007. Interest or Dividends Paid on Accounts - Sec. 95.007. INTEREST OR DIVIDENDS PAID ON ACCOUNTS. (a) A...

Section 95.008. Redemption of Deposit Account - Sec. 95.008. REDEMPTION OF DEPOSIT ACCOUNT. (a) If no contractual...

Section 95.009. Lien on Deposit Account - Sec. 95.009. LIEN ON DEPOSIT ACCOUNT. (a) Without further agreement...

Section 95.010. Account as Legal Investment - Sec. 95.010. ACCOUNT AS LEGAL INVESTMENT. (a) Each of the...

Section 95.011. Applicability of Estates Code - Sec. 95.011. APPLICABILITY OF ESTATES CODE. The applicable provisions of...

Subchapter B. Provisions Applicable to Specific Types of Accounts

Section 95.101. Account Held by Minor - Sec. 95.101. ACCOUNT HELD BY MINOR. (a) A savings bank...

Section 95.102. Pledge of Joint Account - Sec. 95.102. PLEDGE OF JOINT ACCOUNT. (a) Unless the terms...

Section 95.103. Account Held by Fiduciary - Sec. 95.103. ACCOUNT HELD BY FIDUCIARY. (a) A savings bank...

Section 95.104. Trust Account: Undisclosed Trust Instrument - Sec. 95.104. TRUST ACCOUNT: UNDISCLOSED TRUST INSTRUMENT. (a) If a...

Section 95.105. Power of Attorney Account - Sec. 95.105. POWER OF ATTORNEY ACCOUNT. (a) A savings bank...

Chapter 96 - Supervision and Regulation

Subchapter A. General Provisions

Section 96.001. General Duties - Sec. 96.001. GENERAL DUTIES. The Department of Savings and Mortgage...

Section 96.002. Adoption of Rules - Sec. 96.002. ADOPTION OF RULES. (a) The finance commission may...

Subchapter B. Examinations and Reports

Section 96.051. Annual Audit - Sec. 96.051. ANNUAL AUDIT. (a) Not later than the 90th...

Section 96.053. Reports - Sec. 96.053. REPORTS. (a) Repealed by Acts 2013, 83rd Leg.,...

Section 96.054. Examinations - Sec. 96.054. EXAMINATIONS. (a) The commissioner shall periodically examine the...

Section 96.055. Additional Examinations - Sec. 96.055. ADDITIONAL EXAMINATIONS. (a) The commissioner at the saving...

Section 96.0551. Regulation and Examination of Certain Related Entities - Sec. 96.0551. REGULATION AND EXAMINATION OF CERTAIN RELATED ENTITIES. (a)...

Section 96.056. Access to Books and Records - Sec. 96.056. ACCESS TO BOOKS AND RECORDS. The commissioner, a...

Section 96.057. Subpoena; Administration of Oath or Affirmation - Sec. 96.057. SUBPOENA; ADMINISTRATION OF OATH OR AFFIRMATION. (a) In...

Subchapter C. Supervisory Intervention

Section 96.101. Intervention for Violations and Unsafe and Unsound Practices - Sec. 96.101. INTERVENTION FOR VIOLATIONS AND UNSAFE AND UNSOUND PRACTICES....

Section 96.102. Intervention for Filing Inappropriate Information - Sec. 96.102. INTERVENTION FOR FILING INAPPROPRIATE INFORMATION. The commissioner may...

Section 96.103. Intervention for Activity Resulting in Actual or Potential Financial Loss - Sec. 96.103. INTERVENTION FOR ACTIVITY RESULTING IN ACTUAL OR POTENTIAL...

Section 96.104. Intervention Relating to Examination of Affairs - Sec. 96.104. INTERVENTION RELATING TO EXAMINATION OF AFFAIRS. (a) The...

Section 96.105. Temporary Supervisory Order - Sec. 96.105. TEMPORARY SUPERVISORY ORDER. (a) If the commissioner has...

Section 96.106. Service of Temporary Supervisory Order - Sec. 96.106. SERVICE OF TEMPORARY SUPERVISORY ORDER. (a) A temporary...

Section 96.107. Hearing on Temporary Supervisory Order; Final Order - Sec. 96.107. HEARING ON TEMPORARY SUPERVISORY ORDER; FINAL ORDER. (a)...

Section 96.108. Plan of Operation of Savings Bank After Order of Temporary Conservatorship - Sec. 96.108. PLAN OF OPERATION OF SAVINGS BANK AFTER ORDER...

Section 96.109. Enforcement of Supervisory Order - Sec. 96.109. ENFORCEMENT OF SUPERVISORY ORDER. (a) The commissioner, after...

Section 96.110. Stay of Supervisory Order - Sec. 96.110. STAY OF SUPERVISORY ORDER. (a) A temporary supervisory...

Section 96.111. Disclosure of Information in Supervisory Order; Confidentiality - Sec. 96.111. DISCLOSURE OF INFORMATION IN SUPERVISORY ORDER; CONFIDENTIALITY. (a)...

Subchapter D. Conservatorship

Section 96.151. Placement of Savings Bank Under Conservatorship - Sec. 96.151. PLACEMENT OF SAVINGS BANK UNDER CONSERVATORSHIP. If the...

Section 96.152. Duties of Conservator - Sec. 96.152. DUTIES OF CONSERVATOR. (a) The conservator and any...

Section 96.153. Term of Conservator - Sec. 96.153. TERM OF CONSERVATOR. The conservator shall serve until...

Section 96.154. Transfer of Management of Rehabilitated Savings Bank - Sec. 96.154. TRANSFER OF MANAGEMENT OF REHABILITATED SAVINGS BANK. If...

Section 96.155. Scope of Authority of Other Persons During Conservatorship - Sec. 96.155. SCOPE OF AUTHORITY OF OTHER PERSONS DURING CONSERVATORSHIP....

Section 96.156. Limiting Order During Conservatorship - Sec. 96.156. LIMITING ORDER DURING CONSERVATORSHIP. (a) During a conservatorship,...

Section 96.157. Service of Limiting Order - Sec. 96.157. SERVICE OF LIMITING ORDER. (a) A limiting order...

Section 96.158. Effect of Limiting Order - Sec. 96.158. EFFECT OF LIMITING ORDER. (a) Immediately after receiving...

Section 96.159. Hearing on Limiting Order; Final Order - Sec. 96.159. HEARING ON LIMITING ORDER; FINAL ORDER. (a) The...

Section 96.160. Stay of Limiting Order - Sec. 96.160. STAY OF LIMITING ORDER. (a) A limiting order...

Section 96.161. Cost of Conservatorship - Sec. 96.161. COST OF CONSERVATORSHIP. (a) The commissioner shall determine...

Section 96.162. Venue - Sec. 96.162. VENUE. A suit filed against a savings bank...

Subchapter E. Voluntary Supervisory Control

Section 96.201. Placement of Savings Bank Under Voluntary Supervisory Control - Sec. 96.201. PLACEMENT OF SAVINGS BANK UNDER VOLUNTARY SUPERVISORY CONTROL....

Section 96.202. Powers of Supervisors - Sec. 96.202. POWERS OF SUPERVISORS. A supervisor or deputy supervisor...

Section 96.203. Cost of Supervisory Control - Sec. 96.203. COST OF SUPERVISORY CONTROL. The cost of the...

Subchapter F. Closing

Section 96.251. Closing of Savings Bank by Board Resolution - Sec. 96.251. CLOSING OF SAVINGS BANK BY BOARD RESOLUTION. A...

Section 96.252. Closing of Savings Bank by Commissioner's Order - Sec. 96.252. CLOSING OF SAVINGS BANK BY COMMISSIONER'S ORDER. The...

Section 96.253. Effect of Closing - Sec. 96.253. EFFECT OF CLOSING. (a) On closing a savings...

Section 96.254. Hearing on Commissioner's Order - Sec. 96.254. HEARING ON COMMISSIONER'S ORDER. (a) Not later than...

Subchapter G. Liquidation

Section 96.301. Liquidation of Savings Bank - Sec. 96.301. LIQUIDATION OF SAVINGS BANK. (a) If the commissioner...

Section 96.302. Removal or Replacement of Liquidating Agent - Sec. 96.302. REMOVAL OR REPLACEMENT OF LIQUIDATING AGENT. (a) The...

Section 96.303. Duties of Liquidating Agent - Sec. 96.303. DUTIES OF LIQUIDATING AGENT. (a) Under the commissioner's...

Section 96.304. Notice - Sec. 96.304. NOTICE. (a) Under the commissioner's supervision, the liquidating...

Section 96.305. Presentation of Claim - Sec. 96.305. PRESENTATION OF CLAIM. (a) To be entitled to...

Section 96.306. Priority of Claims - Sec. 96.306. PRIORITY OF CLAIMS. When a savings bank is...

Section 96.307. Action on Claim - Sec. 96.307. ACTION ON CLAIM. (a) Within three months after...

Section 96.308. Hearing on Claim; Appeal of Adverse Determination of Claim - Sec. 96.308. HEARING ON CLAIM; APPEAL OF ADVERSE DETERMINATION OF...

Section 96.309. Payment of Final Dividend - Sec. 96.309. PAYMENT OF FINAL DIVIDEND. (a) The liquidating agent...

Section 96.310. Deposit of Money by Liquidating Agent - Sec. 96.310. DEPOSIT OF MONEY BY LIQUIDATING AGENT. The liquidating...

Section 96.311. Payment of Nonclaiming Deposit Account Holders and Creditors - Sec. 96.311. PAYMENT OF NONCLAIMING DEPOSIT ACCOUNT HOLDERS AND CREDITORS....

Section 96.312. Cost of Liquidation - Sec. 96.312. COST OF LIQUIDATION. (a) The commissioner shall determine...

Section 96.313. Final Report - Sec. 96.313. FINAL REPORT. After paying a final dividend as...

Section 96.314. Continued Existence of Savings Bank Following Liquidation - Sec. 96.314. CONTINUED EXISTENCE OF SAVINGS BANK FOLLOWING LIQUIDATION. For...

Section 96.315. Special Liquidating Agent - Sec. 96.315. SPECIAL LIQUIDATING AGENT. At the completion of the...

Section 96.316. Closing of Liquidation; Order and Liability - Sec. 96.316. CLOSING OF LIQUIDATION; ORDER AND LIABILITY. (a) The...

Section 96.317. Administrative Procedure - Sec. 96.317. ADMINISTRATIVE PROCEDURE. The procedures for a contested case...

Subchapter H. Confidentiality

Section 96.351. Disclosure by Department Prohibited - Sec. 96.351. DISCLOSURE BY DEPARTMENT PROHIBITED. Except as otherwise provided...

Section 96.352. Disclosure to Other Agencies - Sec. 96.352. DISCLOSURE TO OTHER AGENCIES. This subchapter does not...

Section 96.353. Other Disclosure Prohibited - Sec. 96.353. OTHER DISCLOSURE PROHIBITED. (a) Confidential information that is...

Section 96.354. Civil Discovery - Sec. 96.354. CIVIL DISCOVERY. Discovery of confidential information from a...

Section 96.355. Investigative Information - Sec. 96.355. INVESTIGATIVE INFORMATION. (a) Notwithstanding any other law, the...

Section 96.356. Examination Report - Sec. 96.356. EXAMINATION REPORT. Unless the commissioner determines that a...

Section 96.357. Removal for Violation - Sec. 96.357. REMOVAL FOR VIOLATION. A person who violates this...

Subchapter I. Miscellaneous Provisions

Section 96.401. Derivative Suit - Sec. 96.401. DERIVATIVE SUIT. (a) The commissioner may bring a...

Section 96.402. Payment of Insured Deposit Liabilities by Fdic - Sec. 96.402. PAYMENT OF INSURED DEPOSIT LIABILITIES BY FDIC. If...

Section 96.403. Enforceability of Loan Promise or Agreement Made by Savings Bank Before Conservatorship or Supervisory Control - Sec. 96.403. ENFORCEABILITY OF LOAN PROMISE OR AGREEMENT MADE BY...

Section 96.404. Interest in Savings Bank Prohibited for Department - Sec. 96.404. INTEREST IN SAVINGS BANK PROHIBITED FOR DEPARTMENT. (a)...

Section 96.405. Permitted Transactions for Department Relating to Savings Bank - Sec. 96.405. PERMITTED TRANSACTIONS FOR DEPARTMENT RELATING TO SAVINGS BANK....

Chapter 97 - Holding Companies

Subchapter A. General Provisions Applicable to Holding Companies

Section 97.001. Rules - Sec. 97.001. RULES. (a) The finance commission shall adopt rules:...

Section 97.002. Registration - Sec. 97.002. REGISTRATION. (a) A holding company shall register with...

Section 97.003. Release From Registration - Sec. 97.003. RELEASE FROM REGISTRATION. The commissioner, on the commissioner's...

Section 97.004. Reports - Sec. 97.004. REPORTS. (a) Each holding company and each subsidiary...

Section 97.005. Books and Records - Sec. 97.005. BOOKS AND RECORDS. Each holding company shall maintain...

Section 97.006. Examinations - Sec. 97.006. EXAMINATIONS. (a) The commissioner may require an examination...

Section 97.007. Agent for Service of Process - Sec. 97.007. AGENT FOR SERVICE OF PROCESS. The commissioner may...

Subchapter B. Mutual Holding Companies

Section 97.051. Reorganization to Become Mutual Holding Company - Sec. 97.051. REORGANIZATION TO BECOME MUTUAL HOLDING COMPANY. (a) Notwithstanding...

Section 97.052. Application for Approval of Reorganization - Sec. 97.052. APPLICATION FOR APPROVAL OF REORGANIZATION. The application for...

Section 97.053. Plan of Reorganization - Sec. 97.053. PLAN OF REORGANIZATION. (a) The plan of reorganization...

Chapter 98 - Foreign Financial Institutions

Subchapter A. General Provisions

Section 98.001. Limitation on Right to Do Business as Savings Bank - Sec. 98.001. LIMITATION ON RIGHT TO DO BUSINESS AS SAVINGS...

Section 98.002. Application of Law and Rules - Sec. 98.002. APPLICATION OF LAW AND RULES. This subtitle and...

Section 98.003. Contracts Construed Under Law of This State - Sec. 98.003. CONTRACTS CONSTRUED UNDER LAW OF THIS STATE. A...

Section 98.004. Federal Savings Bank - Sec. 98.004. FEDERAL SAVINGS BANK. A federal savings bank is...

Section 98.005. Authorization to Retain Offices - Sec. 98.005. AUTHORIZATION TO RETAIN OFFICES. A federal savings bank...

Subchapter B. Powers of Foreign Savings Bank; Eligibility of Accounts for Investment

Section 98.101. Powers of Foreign Savings Bank; Eligibility of Accounts for Investment - Sec. 98.101. POWERS OF FOREIGN SAVINGS BANK; ELIGIBILITY OF ACCOUNTS...

Subchapter C. Certificate of Authority

Section 98.201. Renewal of Certificate - Sec. 98.201. RENEWAL OF CERTIFICATE. A foreign savings bank may...

Section 98.202. Revocation of Certificate - Sec. 98.202. REVOCATION OF CERTIFICATE. (a) The commissioner may revoke...

Subchapter D. Examination and Regulation

Section 98.301. Frequency of Examination - Sec. 98.301. FREQUENCY OF EXAMINATION. A foreign savings bank holding...

Section 98.302. Examination Charges - Sec. 98.302. EXAMINATION CHARGES. A foreign savings bank holding a...

Section 98.303. Agreement With Regulatory Authority of Other State - Sec. 98.303. AGREEMENT WITH REGULATORY AUTHORITY OF OTHER STATE. (a)...

Section 98.304. Commissioner's Authority to Issue Orders - Sec. 98.304. COMMISSIONER'S AUTHORITY TO ISSUE ORDERS. The commissioner may...

Chapter 119 - Miscellaneous Provisions Applicable to Savings Banks

Subchapter A. General Miscellaneous Provisions

Section 119.001. Applicability of Chapter 4, Business & Commerce Code - Sec. 119.001. APPLICABILITY OF CHAPTER 4, BUSINESS & COMMERCE CODE....

Section 119.002. Applicability of Savings and Loan Laws to Savings Banks - Sec. 119.002. APPLICABILITY OF SAVINGS AND LOAN LAWS TO SAVINGS...

Section 119.003. Acknowledgment or Proof Taken by Member, Stockholder, or Employee of Savings Bank - Sec. 119.003. ACKNOWLEDGMENT OR PROOF TAKEN BY MEMBER, STOCKHOLDER, OR...

Section 119.004. Rendition of Certain Personal Property for Ad Valorem Taxation - Sec. 119.004. RENDITION OF CERTAIN PERSONAL PROPERTY FOR AD VALOREM...

Section 119.005. State Taxation of Savings Banks - Sec. 119.005. STATE TAXATION OF SAVINGS BANKS. The state shall...

Section 119.006. Initiation of Rulemaking by Savings Banks - Sec. 119.006. INITIATION OF RULEMAKING BY SAVINGS BANKS. The finance...

Section 119.007. Exemption From Securities Laws - Sec. 119.007. EXEMPTION FROM SECURITIES LAWS. A deposit account, certificate,...

Section 119.008. Liability of Commissioner and Other Commission Personnel; Defense by Attorney General - Sec. 119.008. LIABILITY OF COMMISSIONER AND OTHER COMMISSION PERSONNEL; DEFENSE...

Subchapter B. Access to and Disclosure of Certain Information

Section 119.101. Access to Books and Records of Savings Bank - Sec. 119.101. ACCESS TO BOOKS AND RECORDS OF SAVINGS BANK....

Section 119.102. Production and Admissibility of Items of Savings Bank in Judicial Proceeding - Sec. 119.102. PRODUCTION AND ADMISSIBILITY OF ITEMS OF SAVINGS BANK...

Subchapter C. Offenses and Penalties

Section 119.201. Administrative Penalty for Failing to Comply With Subtitle - Sec. 119.201. ADMINISTRATIVE PENALTY FOR FAILING TO COMPLY WITH SUBTITLE....

Section 119.202. Criminal Slander or Libel - Sec. 119.202. CRIMINAL SLANDER OR LIBEL. (a) A person commits...

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Texas Statutes Title 3 - Financial Institutions and Businesses Subtitle C - Savings Banks

Texas Statutes
Title 3 - Financial Institutions and Businesses
Subtitle C - Savings Banks