Texas § FI.92.559 - UNAUTHORIZED CHANGE OF CONTROL
Full text of Texas The Texas Constitution § FI.92.559 — UNAUTHORIZED CHANGE OF CONTROL, with citation guidance and answers to common questions.
§ FI.92.559. UNAUTHORIZED CHANGE OF CONTROL
UNAUTHORIZED CHANGE OF CONTROL. If it appears that a change in control may have occurred without prior approval, the commissioner may call a hearing to determine whether: (1) a change in control has occurred or an unauthorized person without any apparent ownership interest in the savings bank, acting alone or with others, effectively has indirect controlling or dominating influence over the management or policies of the savings bank; and (2) an appropriate supervisory order should be issued, including an order requiring divestiture of unapproved or indirect control. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § FI.92.559
What does The Texas Constitution § FI.92.559 cover?
Section FI.92.559 ("UNAUTHORIZED CHANGE OF CONTROL") 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.92.559?
A common citation format is "The Texas Constitution § FI.92.559" (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.92.559 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.