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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) An association may not begin business before:
(1) it presents to the commissioner the name and qualifications of its managing officer; and
(2) the commissioner approves the managing officer.
(b) An applicant is not required at a hearing on the application to specify in the public record the name or qualifications of the managing officer of the association.
Cite this article: FindLaw.com - Texas Finance Code - FIN § 62.004. Approval of Managing Officer - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-62-004/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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