Texas Finance Code 62.207 – Effect of Issuance of Charter
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Terms Used In Texas Finance Code 62.207
- Comptroller: means the state comptroller of public accounts. See Texas Government Code 312.011
On the issuance of a charter by the Office of the Comptroller of the Currency, the association:
(1) ceases to be an association incorporated under this subtitle; and
(2) is no longer subject to the supervision and control of the commissioner.