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Tex. Finance Code § 16.002

This is the official text of Tex. Finance Code § 16.002, part of Texas’s Finance Code — regulates banks and other financial institutions.

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§ 16.002. SELF-DIRECTED AND SEMI-INDEPENDENT STATUS OF FINANCIAL REGULATORY AGENCIES.

Official statutory text

Notwithstanding any other provision of law, a financial regulatory agency is self-directed and semi-independent as specified by this chapter. Any Act of the 81st Legislature that relates to a financial regulatory agency and that is inconsistent with the agency being self-directed and semi-independent may be implemented by the financial regulatory agency only on authorization by the policy-making body of the financial regulatory agency.

Status: in_force · Read it on the official government site

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