Esheria Regulatory Atlas
Financial services, banking, payments, credit, securities, and regulated finance. Every result links to its stored legal text and available official source evidence.
2,386 matching statutes
United States — Texas
1 provisions
After a hearing, the banking commissioner must release the bank from the order if certain findings are made, or must order a supervisor, conservator, or other lawful action if the bank remains in hazardous condition.
United States — Texas
1 provisions
The banking commissioner may issue a cease and desist order against certain state bank officers, employees, directors, or the bank, and the proposed order must be delivered, state its grounds, and set an effective date at least 21 days after delivery or mailing.
United States — Texas
1 provisions
A state bank may set up deposit or loan production offices, but it must notify the banking commissioner in writing before doing so.
United States — Texas
1 provisions
The banking commissioner may take enforcement action against a bank or other person in certain violation cases, and the attorney general may recover reasonable attorney’s fees if it prevails in the referenced enforcement action.
United States — Texas
1 provisions
If a bank suspends payments, certain items must be returned, and the owner may have a preferred claim in some settlement situations.
United States — Texas
1 provisions
A state bank’s board must have 5 to 25 directors, with a majority being Texas residents. Certain people may not serve as directors unless the banking commissioner gives written consent, and directors must file an affidavit before each term.
United States — Texas
1 provisions
The board must designate depository banks for the authority’s money and follow notice, selection, and security rules.
United States — Texas
1 provisions
If the commissioner approves a merger or consolidation plan, the commissioner must issue an approving order. A foreign surviving savings bank must also receive a certificate of authority that expires January 31 of the next calendar year. A domestic surviving savings bank must operate under the merging bank’s articles a
United States — Texas
1 provisions
A bank closure during normal banking hours can make the affected banking day a legal holiday, and the bank and its directors, officers, and employees do not incur liability or lose rights because of an authorized closing.
United States — Texas
1 provisions
The banking commissioner must approve an application or set it for hearing within 60 days after notice is published.
United States — Texas
1 provisions
A closed state bank cannot be reopened without banking commissioner approval, unless liquidation litigation ends against the commissioner and the court authorizes reopening. The commissioner may also set temporary withdrawal/payment limits for reopened banks, subject to equal treatment rules and an 18-month cap for uns
United States — Texas
1 provisions
The finance commission may make rules for state savings associations and savings banks, and may allow them to invest in ways permitted for certain federal savings institutions.