7 Tex. Admin. Code § 21.62
Current through Reg. 49, No. 45; November 8, 2024
Without the prior written consent of the banking commissioner, a trust company may not consummate a merger, conversion, sale of assets, purchase of assets, or share exchange. Except as otherwise provided by Finance Code, Chapter 182, Subchapters D-F, or this subchapter, an application must be filed with the banking commissioner for review and consideration of the proposed transaction.
7 Tex. Admin. Code § 21.62