Texas § FI.96.101 - INTERVENTION FOR VIOLATIONS AND UNSAFE AND UNSOUND PRACTICES
Full text of Texas The Texas Constitution § FI.96.101 — INTERVENTION FOR VIOLATIONS AND UNSAFE AND UNSOUND PRACTICES, with citation guidance and answers to common questions.
§ FI.96.101. INTERVENTION FOR VIOLATIONS AND UNSAFE AND UNSOUND PRACTICES
INTERVENTION FOR VIOLATIONS AND UNSAFE AND UNSOUND PRACTICES. (a) The commissioner may intervene in the affairs of a savings bank if the savings bank or a person who participates in the affairs of the savings bank or a subsidiary or holding company of the savings bank: (1) engages in or is about to engage in an unsafe and unsound practice in conducting the affairs of the savings bank; or (2) violates or is about to violate: (A) the articles of incorporation or bylaws of the savings bank; (B) a law or supervisory order applicable to the savings bank; or (C) a condition that the commissioner or the finance commission has imposed on the savings bank by written order, directive, or agreement. (b) The commissioner may intervene in the affairs of a savings bank if a person who participates in the affairs of the savings bank or a subsidiary or holding company of the savings bank violates or is about to violate an order or instruction of the commissioner or a conservator or supervisor in charge of the savings bank's affairs. 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.96.101
What does The Texas Constitution § FI.96.101 cover?
Section FI.96.101 ("INTERVENTION FOR VIOLATIONS AND UNSAFE AND UNSOUND PRACTICES") 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.96.101?
A common citation format is "The Texas Constitution § FI.96.101" (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.96.101 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.