Texas Administrative Code
Title 7 - BANKING AND SECURITIES
Part 2 - TEXAS DEPARTMENT OF BANKING
Chapter 21 - TRUST COMPANY CORPORATE ACTIVITIES
Subchapter B - TRUST COMPANY CHARTERING AND POWERS
Section 21.23 - Option To Withhold Identity of Officers
Universal Citation: 7 TX Admin Code ยง 21.23
Current through Reg. 49, No. 38; September 20, 2024
An applicant for a trust company charter may, at its option, withhold the identity of prospective officers until such time as the banking commissioner issues a final order on the application. Approval of the application will be conditional upon the applicant's submitting resumes of qualified proposed officers to the banking commissioner. Upon receipt of the resumes, the banking commissioner shall review and investigate the qualification of the proposed officers and deliver the certificate of authority pursuant to Finance Code, § RSA 182.006, if the banking commissioner finds that the proposed officers meet the requirements of Finance Code, § RSA 182.003(b)(3).
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