(a) The commissioner may:
- (1) examine a bank holding company that controls a Texas bank to the same extent as if the bank holding company were a Texas state bank; and
- (2) bring an enforcement proceeding under Chapter 35 against a bank holding company that violates or participates in a violation of this subtitle, an agreement filed with the commissioner under this chapter, or a rule adopted by the finance commission or order issued by the commissioner under this subtitle, as if the bank holding company were a Texas state bank.
- (b) A Texas bank that is controlled by a bank holding company that is not a Texas bank holding company shall be subject to all laws of this state that are applicable to Texas banks that are controlled by Texas bank holding companies.
Added by Acts 1999, 76th Leg., ch. 344, Sec. 1.001, eff. Sept. 1, 1999.
Amended by Acts 2001, 77th Leg., ch. 867, Sec. 94, eff. Sept. 1, 2001.