Advanced Search

Rule §76.102 Fee For Subsidiaries


Published: 2015

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month.
The commissioner shall collect a fee of $1,500 for each application by a savings bank for permission to make an initial investment in a subsidiary corporation pursuant to §§77.91 - 77.95 of this title (relating to Authorized Loans and Investments) to cover the processing and investigation of such applications, and an additional fee of $100 for each office other than the home office of a subsidiary that is applied for. The commissioner shall collect a fee of $500 for service corporation application to engage in a new activity; $300 for redesignation of an operating subsidiary; and $100 for each application by a savings bank to change the name of a subsidiary or the location of a subsidiary office.

Source Note: The provisions of this §76.102 adopted to be effective January 5, 2012, 36 TexReg 9286