(a) The commissioner may regulate and examine a subsidiary corporation in which a savings bank invests under Section 94.301.
(b) The subsidiary corporation shall pay the cost of the regulation and examination.
Tex. Fin. Code § 94.303
REGULATION AND EXAMINATION OF SUBSIDIARY
Known as the Texas Savings Bank Act
The act spans §§ 91–119 (255 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.