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State Law
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Texas Finance Code - Chapter 37 EmergenciesLegal Research Home > Texas Lawyer > Finance Code > Texas Finance Code - Chapter 37 Emergencies In this chapter, "emergency" means a condition or occurrence that may interfere physically with the conduct of normal business at the offices of a bank ... (a) If the officers of a bank located in this state determine that an emergency that affects or may affect the bank's offices or a ... (a) If the banking commissioner determines that an emergency exists or is impending in all or part of this state, the banking commissioner by proclamation ... (a) A day on which a bank or one or more of its operations is closed during its normal banking hours as provided by this ... (a) At the request of a state bank that is experiencing or threatened with unusual and excessive withdrawals because of financial conditions, panic, or crisis, ... (a) The banking commissioner, with the approval of a majority of the finance commission and the governor, may proclaim a financial moratorium for, and invoke ... Texas Lawyers
Last modified: August 10, 2007 |