7 Tex. Admin. Code § 15.102

Current through Reg. 49, No. 44; November 1, 2024
Section 15.102 - General

Without the prior written consent of the banking commissioner, a state bank may not consummate a merger, conversion, sale of assets, purchase of assets, or share exchange. Except as otherwise provided in the Finance Code, Chapter 32, Subchapters D, E, and F, or in this subchapter, an application must be filed with the banking commissioner for review and consideration of the proposed transaction.

7 Tex. Admin. Code § 15.102

The provisions of this §15.102 adopted to be effective September 15, 1997, 22 TexReg 8948.