An association may not change its name without the prior approval of the commissioner, and an association may not operate under any name which has not been approved by the commissioner pursuant to this section. The commissioner may not approve an application by an association to change its name unless the commissioner finds, based on information furnished with the application, evidence adduced at a hearing, and information contained in department records that the proposed change of name meets the applicable requirements of the Texas Savings and Loan Act and this chapter, and does not violate other applicable law.

Source Note:The provisions of this §57.3 adopted to be effective September 5, 1986, 11 TexReg 3731; amended to be effective January 10, 1989, 13 TexReg 6470; amended to be effective May 5, 2016, 41 TexReg 3103.