Texas § FI.66.051 - EXAMINATIONS

Full text of Texas The Texas Constitution § FI.66.051 — EXAMINATIONS, with citation guidance and answers to common questions.

§ FI.66.051. EXAMINATIONS

EXAMINATIONS. (a) The commissioner shall periodically examine the affairs of each association, including the subsidiaries and transactions of the association and the dealings of any savings and loan holding company that are related to the savings and loan subsidiaries of the association. (b) An examination must include an audit if an independent audit is not available or is unsatisfactory to the commissioner. (c) On completion of an audit, the auditor shall sign and certify the audit report. A copy shall be filed promptly with the commissioner. (d) An examination under this section may be made in conjunction with an examination by the Federal Home Loan Bank Board, a Federal Home Loan Bank, or the Federal Deposit Insurance Corporation. The commissioner shall accept an audit made by or accepted by one of those agencies in an examination of an association. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

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Frequently Asked Questions About Texas § FI.66.051

What does The Texas Constitution § FI.66.051 cover?

Section FI.66.051 ("EXAMINATIONS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § FI.66.051?

A common citation format is "The Texas Constitution § FI.66.051" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § FI.66.051 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.