tx-July32026-17: 7 TAC §75.131, §75.133 — Savings Banks

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Summary

§75.133 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. This proposal is also made 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. § 75.131. Additional Office (Branch Office and Mobile Facility). (a) Approval Required. A savings bank may not establish [a branch office or] an additional office as provided by §75.202 of this title (relating to Types of Additional Offices) without first filing an application and obtaining the prior written approval of the Commissioner. The application must include: [A branch office application is required if a state savings bank would like to establish and operate a...

The agency’s own summary, as published.

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