Texas § 92.055 APPROVAL OF MANAGING OFFICER.

Texas Statutes

§ 92.055 — APPROVAL OF MANAGING OFFICER.

Texas § 92.055

Code FIFinance Code

This text of Texas § 92.055 (APPROVAL OF MANAGING OFFICER.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Finance Code Code Ann. § 92.055 (2026).

Text

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.

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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.