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State Law
Federal Law
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Texas Finance Code - Chapter 11 Finance Commission Of TexasLegal Research Home > Texas Lawyer > Finance Code > Texas Finance Code - Chapter 11 Finance Commission Of Texas (a) The definitions provided by Section 31.002 apply to this chapter. (b) In this chapter, "finance agency" means: (1) the Texas Department of Banking; (2) ... (a) The finance commission is responsible for overseeing and coordinating the Texas Department of Banking, the Savings and Loan Department, and the Office of Consumer ... (a) The Finance Commission of Texas is composed of nine members appointed by the governor with the advice and consent of the senate. (b) Members ... (a) A member of the finance commission must be a registered voter of this state. Not more than two members may be residents of the ... (a) In this section, "Texas trade association" means a cooperative and voluntarily joined association of business or professional competitors in this state designed to assist ... (a) It is a ground for removal from the finance commission that a member: (1) does not have at the time of taking office the ... A member of the finance commission is entitled to: (1) the reimbursement for reasonable and necessary expenses incidental to travel incurred in connection with the ... A member of the finance commission may not act or participate in the portion of a commission meeting during which the matter considered specifically relates ... (a) The finance commission shall hold at least six regular public meetings during each calendar year on dates set by the commission. (b) The presiding ... (a) The governor shall appoint a member of the finance commission as presiding officer of the commission. The presiding officer serves at the will of ... The finance commission is subject to Chapter 325, Government Code (Texas Sunset Act). Unless continued in existence as provided by that chapter, the commission is ... The presiding officer of the finance commission or the presiding officer's designee shall provide to members of the finance commission, as often as necessary, information ... (a) A person who is appointed to and qualifies for office as a member of the finance commission may not vote, deliberate, or be counted ... The finance commission shall develop and implement policies that clearly separate the policymaking responsibilities of the finance commission and the management responsibilities of the banking ... The finance commission shall develop and implement policies that provide the public with a reasonable opportunity to appear before the finance commission and to speak ... (a) The finance commission shall direct a finance agency to employ an internal auditor to provide services to and facilitate commission oversight and control over ... The internal auditor reports to the finance commission and is not subject to direction by the employing finance agency. Acts 1997, 75th Leg., ch. 1008, ... (a) The finance commission shall use the staff, equipment, and facilities of the finance agencies to the extent necessary to carry out the finance commission's ... The finance commission may adopt banking rules as provided by Section 31.003. Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997. ... (a) The finance commission may adopt rules applicable to state savings associations or to savings banks and may authorize state savings associations and savings banks ... Information regarding the financial condition of a state savings association or savings bank obtained through examination or otherwise may not be disclosed to a member ... The finance commission may adopt rules necessary to supervise the consumer credit commissioner and ensure compliance with Chapter 14 and Title 4. Acts 1997, 75th ... (a) The finance commission shall instruct the consumer credit commissioner to establish a program to address alternatives to high-cost lending in this state. The program ... (a) The finance commission may assign the banking commissioner, savings and loan commissioner, or consumer credit commissioner to conduct research on: (1) the availability, quality, ... The finance commission may adopt mortgage broker rules as provided by Chapter 156. Added by Acts 1999, 76th Leg., ch. 1254, § 1, eff. Sept. ... (a) The finance commission shall adopt rules applicable to each entity regulated by the Texas Department of Banking or the Savings and Loan Department specifying ... The finance commission may, on request of an interested person or on its own motion, issue interpretations of Sections 50(a)(5)-(7), (e)-(p), (t), and (u), Article ... Last modified: August 10, 2007 |