(a) What are the requirements for relocating my agency's principal
business office to the location of an existing additional registered office?
Your agency may relocate its principal business office to the location of
an existing additional registered office, without issuance of new certificate,
15 days, after:
  (1) paying a filing fee of:
    (A) $500 if the application was submitted more than 2 years
before the expiration date of the certificate of registration for the agency's
principal business office; or
    (B) $250 if the application was submitted 2 years or less before
the expiration date of the certificate of registration for the agency's principal
business office;
  (2) completing the requirements of this chapter for closing
a registered office, if the former principal business office will not remain
open as an additional registered office;
  (3) filing a written notice with the department disclosing:

    (A) the new address of your principal business office;
    (B) that the new principal business office location is an existing
additional registered office; and
    (C) whether your agency's former principal business office
will remain open as an additional registered office; and
  (4) submitting such other information as the banking commissioner
may require you to submit.
(b) What are the requirements for establishing a new registered
office and relocating my agency's principal business office to it? To establish
a new registered office, be issued a certificate for the office, and relocate
your agency's principal business office to it, your agency must:
  (1) complete the requirements for establishing an additional
registered office under §31.51; and
  (2) if the agency is closing its former principal business
office location, complete the requirements under §31.54.
(c) What are the requirements for relocating an additional
registered office? To be issued a certificate for an additional registered
office that you propose to relocate, your agency must:
  (1) complete the requirements for establishing an additional
registered office under §31.51; and
  (2) complete the requirements under §31.54 for the former
location of the relocated additional registered office.


Source Note: The provisions of this §31.53 adopted to be effective January 3, 2002, 26 TexReg 10852