After a state bank's charter has been voluntarily surrendered and canceled, the bank may not resume business or reopen except on application for and approval of a new charter.
Tex. Fin. Code § 36.112
APPLICATION FOR NEW CHARTER
Known as the Texas Banking Act
The act spans §§ 31–59 (247 sections).
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.