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2025 Texas Statutes
Finance Code
Title 3 - Financial Institutions and Businesses
Subtitle B - Savings and Loan Associations
Chapter 62 - Organizational and Financial Requirements
Subchapter E. Conversion to Federal Association
Section 62.203. Review by Commissioner; Approval
Universal Citation:
TX Fin Code § 62.203 (2025)
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Sec. 62.203. REVIEW BY COMMISSIONER; APPROVAL. Not later than the 10th day after the date an application to convert is received, the commissioner shall:
(1) consent in writing to the conversion; or
(2) set a hearing on whether the conversion complies with rules adopted under Section 62.201.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
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