Texas Finance Code - Section 32.004. Notice And Investigation Of Charter Application
Legal Research Home >
Texas Lawyer > Finance Code > Texas Finance Code - Section 32.004. Notice And Investigation Of Charter Application
§ 32.004. NOTICE AND INVESTIGATION OF CHARTER
APPLICATION. (a) The organizers shall solicit comments and
protests by publishing notice of the application, its date of
filing, and the identity of the organizers, in the form and
frequency specified by the banking commissioner, in a newspaper of
general circulation in the county in which the bank is to be
located, or in another publication or location as directed by the
banking commissioner.
(b) At the expense of the organizers, the banking
commissioner shall thoroughly investigate the application. The
banking commissioner shall prepare a written report of the
investigation, and any person, other than a person protesting under
Section 32.005, may request a copy of the nonconfidential portions
of the application and written report as provided by Chapter 552,
Government Code.
(c) Rules adopted under this subtitle may specify the
confidential or nonconfidential character of information obtained
by the department under this chapter. Except as provided by
Subchapter D, Chapter 31, or in rules regarding confidential
information, the financial statement of a proposed officer,
director, manager, or managing participant is confidential and not
subject to public disclosure.
Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997. Amended
by Acts 2001, 77th Leg., ch. 412, § 2.07, eff. Sept. 1, 2001.
Section: 31.305 31.306 31.307 31.308 32.001 32.002 32.003 32.004 32.005 32.006 32.007 32.008 32.009 32.010 32.011
Last modified: August 10, 2007
|
