Tex. Finance Code § 62.303

This is the official text of Tex. Finance Code § 62.303, part of Texas’s Finance Code — regulates banks and other financial institutions.

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§ 62.303. REVIEW BY COMMISSIONER; APPROVAL.

Official statutory text

(a) The commissioner shall approve the application if the commissioner determines that the association is in good standing.

(b) For purposes of Subsection (a), an association is in good standing if the association has paid all fees, assessments, and money due and payable to the Department of Savings and Mortgage Lending.

Status: in_force · Read it on the official government site

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