This is a clone of the Texas Administrative Code (TAC) for educational purposes. It is not the official version and should not be used for legal purposes. Site created Wed, 21 May 2025 21:16:38 GMT

TITLE 7 - BANKING AND SECURITIES
PART 4 - DEPARTMENT OF SAVINGS AND MORTGAGE LENDING
CHAPTER 60 - SAVINGS ASSOCIATIONS
SUBCHAPTER C - OPERATIONS
SECTION/RULE §60.245 - Release from Registration

The Commissioner at any time, on the Commissioner's own motion or on written request, may release a registered holding company from a registration made by the company if the Commissioner determines that the company no longer controls a savings association. If released, the savings association associated with the holding company must maintain the books and records of such holding company.

Source Note: The provisions of this §60.245 adopted to be effective July 16, 2023, 48 TexReg 3644.

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