Tex. Finance Code § 154.416
This is the official text of Tex. Finance Code § 154.416, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 154.416. APPLICATION FOR RELEASE FROM PROHIBITION ORDER.
Official statutory text
(a) After the expiration of 10 years from the date of issuance, a person who is subject to a prohibition order issued under Section 154.415, regardless of the order's stated duration or date of issuance, may apply to the commissioner to be released from the order.
(b) The application must be made under oath and in the form required by the commissioner. The application must be accompanied by any required fees.
(c) The commissioner, in the exercise of discretion, may approve or deny an application filed under this section.
(d) The commissioner's decision under Subsection (c) is final and not appealable.
(b) The application must be made under oath and in the form required by the commissioner. The application must be accompanied by any required fees.
(c) The commissioner, in the exercise of discretion, may approve or deny an application filed under this section.
(d) The commissioner's decision under Subsection (c) is final and not appealable.
Status: in_force · Read it on the official government site
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