Texas § FI.92.102 - INCORPORATION REQUIREMENTS
Full text of Texas The Texas Constitution § FI.92.102 — INCORPORATION REQUIREMENTS, with citation guidance and answers to common questions.
§ FI.92.102. INCORPORATION REQUIREMENTS
INCORPORATION REQUIREMENTS. (a) An application to incorporate a savings bank under this subchapter must be submitted to the commissioner. (b) The application must include information required by the commissioner or by rule of the finance commission. (c) The savings bank must have capital in an amount determined by the commissioner to be sufficient to carry out the purposes for which incorporation is requested. (d) Chapter 2001 , Government Code, does not apply to the application if: (1) the commissioner considers the financial institution to be reorganized or merged to be in an unsafe condition; or (2) the savings bank incorporated under this subchapter does not survive the merger or is facilitating the continuation of an existing savings bank corporate reorganization as defined by rules adopted by the finance commission. (e) If the commissioner considers the financial institution to be reorganized or merged to be in an unsafe condition, the application and all information relating to the application are confidential and not subject to public disclosure. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 867, Sec. 41, eff. Sept. 1, 2001. Amended by: Acts 2005, 79th Leg., Ch. 1018 (H.B. 955 ), Sec. 5.05, eff. September 1, 2005.
Frequently Asked Questions About Texas § FI.92.102
What does The Texas Constitution § FI.92.102 cover?
Section FI.92.102 ("INCORPORATION REQUIREMENTS") 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.92.102?
A common citation format is "The Texas Constitution § FI.92.102" (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.92.102 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.