Texas Finance Code - Section 32.203. Branch Offices
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§ 32.203. BRANCH OFFICES. (a) A state bank may establish
and maintain a branch office at any location on prior written
approval of the banking commissioner. If the banking commissioner
does not have a significant supervisory or regulatory concern
regarding the proposed branch, the applicant, or an affiliate of
the applicant, the banking commissioner shall approve the
application.
(b) The finance commission may adopt rules establishing
additional standards for the approval of branch offices.
Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997.
Section: 32.011 32.101 32.102 32.103 32.104 32.201 32.202 32.203 32.204 32.301 32.302 32.303 32.304 32.401 32.402
Last modified: August 10, 2007
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