7 Tex. Admin. Code § 15.114
Current through Reg. 49, No. 45; November 8, 2024
A transaction under this subchapter must be consummated as proposed in the application, in the agreement concerning conditional approval, or as provided in a final order. An approved transaction under this subchapter must be consummated within 12 months after the date of approval by the banking commissioner unless an extension is granted in writing. If an interim development warrants it, the banking commissioner may alter, suspend, or withdraw approval until a transaction is consummated.
7 Tex. Admin. Code § 15.114