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 he shall have found from the data furnished with the application, the evidence adduced at the hearing, and his official 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.