Tex. Fin. Code Section 203.004
Limitation on Control of Deposits

(a)

An interstate merger transaction is not permitted if, on consummation of the transaction, the resulting bank, including all depository institution affiliates of the resulting bank, would control 20 percent or more of the total amount of deposits in this state held by all depository institutions in this state.

(b)

The commissioner may request and the applicant shall provide supplemental information to the commissioner to aid in a determination under this section, including information that is more current than or in addition to information in the most recently available summary of deposits, reports of condition, or similar reports filed with or produced by state or federal authorities.
Added by Acts 1999, 76th Leg., ch. 344, Sec. 1.001, eff. Sept. 1, 1999.

Source: Section 203.004 — Limitation on Control of Deposits, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­203.­htm#203.­004 (accessed May 26, 2025).

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May 26, 2025

§ 203.004. Limitation on Control of Deposits's source at texas​.gov