Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 92.063 - Change of Office or Name; Establishment of Additional Offices(a) Only with the prior approval of the commissioner given in accordance with rules of the finance commission may a savings bank:(1) establish an office other than the principal office stated in the savings bank's articles of incorporation;(2) move an office from its immediate vicinity; or(3) change the savings bank's name.(b) The commissioner may permit a savings bank to establish additional offices in this state or another state in accordance with rules of the finance commission.(c) On request, the commissioner shall give a person who might be affected by the establishment of additional offices or the change of office location or name an opportunity to be heard under Section 91.004.(d) A savings bank may not establish or maintain a branch on the premises or property of an affiliate if the affiliate engages in commercial activities not permitted for a state savings bank or subsidiary of a state savings bank.Amended By Acts 2007, 80th Leg., R.S., Ch. 217, Sec. 3, eff. 5/25/2007.