(a) A savings bank may not change its name without the prior
approval of the commissioner, and a savings bank may not operate under any
name which has not been approved by the commissioner. The commissioner may
not approve an application by a savings bank 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 Bank Act and
this chapter, and does not violate other applicable law.
(b) As provided for new charter applications, notice must be
given for change of name application. If protested, the commissioner shall
consider the protest and may in the exercise of his sole discretion set the
application for hearing to consider the facts or obtain additional information.



Source Note: The provisions of this §75.10 adopted to be effective September 23, 1993, 18 TexReg 6094; amended to be effective May 13, 1999, 24 TexReg 3471