(a) Only with the prior approval of the commissioner may an association:
(1) establish an office other than the principal office stated in the association’s articles of incorporation;
(2) move an office from its immediate vicinity; or
(3) change the association’s name.
(b) On request, the commissioner shall give a person who may be affected by an act described by Subsection (a) an opportunity to be heard.

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Texas Finance Code 62.011

  • Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005