Whenever the commissioner designates the purchase of additional offices and/or assets by an association from another association to be a supervisory purchase, the sections relating to the contents of applications for additional offices and the findings necessary for approval, as provided by §§53.3 - 53.8 of this title, are not applicable to such purchases, and such purchase shall be effected pursuant to §53.10 of this title.

Source Note:The provisions of this §53.9 adopted to be effective September 12, 1979, 4 TexReg 3106; amended to be effective November 25, 1986, 11 TexReg 4622; amended to be effective May 5, 2016, 41 TexReg 3102.