Tex. Finance Code § 62.004
This is the official text of Tex. Finance Code § 62.004, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 62.004. APPROVAL OF MANAGING OFFICER.
Official statutory text
(a) An association 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 to specify in the public record the name or qualifications of the managing officer of the association.
(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 to specify in the public record the name or qualifications of the managing officer of the association.
Status: in_force · Read it on the official government site
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