Current as of April 14, 2021 | Updated by FindLaw Staff
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(a) Not later than the 120th day after the date an application for the designation of a banking development district is submitted under Section 279.053, the finance commission shall make a determination regarding whether to approve the application.
(b) If the finance commission approves the application, the finance commission shall notify the:
(1) local government;
(2) financial institution;
(3) comptroller;
(4) Texas Economic Development and Tourism Office;
(5) lieutenant governor; and
(6) speaker of the house of representatives.
Cite this article: FindLaw.com - Texas Finance Code - FIN § 279.055. Determination by Finance Commission - last updated April 14, 2021 | https://codes.findlaw.com/tx/finance-code/fin-sect-279-055.html
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