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Texas Finance Code - Section 92.060. Preference For Local Control

Legal Research Home > Texas Lawyer > Finance Code > Texas Finance Code - Section 92.060. Preference For Local Control

§ 92.060. PREFERENCE FOR LOCAL CONTROL.  If more than one 
application to incorporate a new savings bank or establish an 
additional office of an existing savings bank in the same community 
is before the commissioner at the same time, the commissioner may 
give additional weight to the application of the applicant that has 
the greater degree of control vested in or held by residents of the 
community.

Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997.                   

Last modified: August 10, 2007