Tex. Fin. Code Section 98.202
Revocation of Certificate


(a)

The commissioner may revoke a foreign savings bank’s certificate of authority on the failure or refusal of the savings bank to comply with a final order of the commissioner.

(b)

On revocation under Subsection (a), an agent of the savings bank may not transact business in this state except to:

(1)

receive a payment to apply to an active loan contract; or

(2)

pay a withdrawal request.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Source: Section 98.202 — Revocation of Certificate, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­98.­htm#98.­202 (accessed May 11, 2024).

Accessed:
May 11, 2024

§ 98.202’s source at texas​.gov