Texas Finance Code Title 3, Chapter 97 - Holding Companies

SUBCHAPTER A GENERAL PROVISIONS APPLICABLE TO HOLDING COMPANIES

• Texas Section 97.001 - Rules
  (a) The finance commission shall adopt rules: (1) providing for the registration of and reporting by holding companies; (2) setting limitations on the activities and...
• Texas Section 97.002 - Registration
  (a) A holding company shall register with the commissioner, on a form prescribed by the commissioner, not later than the 90th day after the date...
• Texas Section 97.003 - Release From Registration
  The commissioner, on the commissioner's own motion or on application, may release a registered holding company from the registration if the commissioner determines that the...
• Texas Section 97.004 - Reports
  (a) Each holding company and each subsidiary of a holding company, other than a savings bank, shall file with the commissioner reports required by the...
• Texas Section 97.005 - Books And Records
  Each holding company shall maintain books and records as required by the commissioner. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
• Texas Section 97.006 - Examinations
  (a) The commissioner may require an examination of a holding company and each subsidiary of a holding company. (b) The holding company shall pay the...

SUBCHAPTER B MUTUAL HOLDING COMPANIES

• Texas Section 97.007 - Agent For Service Of Process
  The commissioner may require a holding company or a person, other than a corporation, connected with a holding company to execute and file an irrevocable...
• Texas Section 97.051 - Reorganization To Become Mutual Holding Company
  (a) Notwithstanding any other law, a savings bank may be reorganized as a mutual holding company by submitting to the commissioner an application for approval...
• Texas Section 97.052 - Application For Approval Of Reorganization
  The application for approval of reorganization must contain: (1) a brief statement summarizing a reorganization plan; (2) two copies of the proposed articles of incorporation...
• Texas Section 97.053 - Plan Of Reorganization
  (a) The plan of reorganization must provide that: (1) a subsidiary savings bank shall: (A) be incorporated under Subchapter B, Chapter 92; or (B) on...

Last modified: September 28, 2016