Tex. Finance Code § 182.016

This is the official text of Tex. Finance Code § 182.016, part of Texas’s Finance Code — regulates banks and other financial institutions.

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§ 182.016. GROUNDS FOR REVOCATION OF EXEMPTION.

Official statutory text

The banking commissioner may revoke an exemption of a state trust company if the trust company:

(1) makes a false statement under oath on any document required to be filed by this subtitle or finance commission rule;

(2) fails to submit to an examination as required by Section 181.104;

(3) withholds requested information from the banking commissioner; or

(4) violates any provision of this subtitle applicable to an exempt state trust company.

Status: in_force · Read it on the official government site

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