tx-July32026-15: 7 TAC §§75.121 - 75.123 — Savings Banks
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Statutory Authority This proposal is made under the authority of: Government Code §2001.004(1), requiring a state agency to adopt rules of practice stating the nature and requirements of all available formal and informal procedures; and Finance Code: §11.302, authorizing the commission to adopt rules applicable savings banks; and §96.002(a), authorizing the commission to adopt rules necessary to supervise and regulate Texas-chartered savings banks and to protect public investment in Texas-chartered savings banks. §75.121 is also proposed under the authority of, and to implement, Finance Code: Chapter 92, Subchapter B; §92.203; §92.601(b); and §96.002(a)(1), (2) and (14). §75.122 is also proposed under the authority of, and to implement, Finance Code: §92.063; and §96.002(a)(2) and (14). This proposal affects the statutes in Finance Code Title 3, Subtitle C. § 75.121. Savings Bank Charter. (a) (No change.) (b) Identification of Home Office; Definition of Community; Temporary Office Location. The proposed location for the home office must be specifically identified so as to exactly locate it within the community to be served. The term "community" as used in the Finance Code...
The agency’s own summary, as published.
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