1. (a) Each application for permission to establish a branch office shall state the proposed location thereof; the location of other offices of the applicant and other associations within the community; the need for such a location; the personnel and office facilities to be provided; the estimated annual volume of business, income, and expense of such office; and shall be accompanied by a proposed annual budget of the applying association. An association may file additional applications for branch offices. Each application shall be processed in the same manner as required for any other branch application. The provisions applicable to new charter applications apply to branch office applications, including the provisions related to hearings, notice, and decisions rendered on the application.
2. (b) Upon request, the commissioner shall furnish sample forms for the application and other information to aid in the filing of the application, to the extent permitted by law. After the application and its supporting data have been received by the commissioner, the commissioner shall make or cause to be made an investigation of the application.

Source Note:The provisions of this §53.3 adopted to be effective January 1, 1976; amended to be effective March 31, 1981, 6 TexReg 935; amended to be effective May 29, 1985, 10 TexReg 1540; amended to be effective September 1, 1987, 12 TexReg 2716; amended to be effective March 8, 2012, 37 TexReg 1500; amended to be effective May 5, 2016, 41 TexReg 3102.