Texas Statutes (Last Updated: January 4, 2014) |
FINANCE CODE |
Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES |
Subtitle F. TRUST COMPANIES |
Chapter 186. DISSOLUTION AND RECEIVERSHIP |
Subchapter B. VOLUNTARY DISSOLUTION |
Sec. 186.112. APPLICATION FOR NEW CHARTER
Latest version.
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After a state trust company's charter has been voluntarily surrendered and canceled, the state trust company may not resume business or reopen except on application for and approval of a new charter.
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.