Tex. Fin. Code Section 204.204
Enforcement

The commissioner may initiate an enforcement action under Chapter 35 (Enforcement Actions) or a proceeding to revoke the registration of a representative office if the commissioner by examination or other credible evidence finds that the foreign bank:

(1)

has refused to permit the commissioner to examine the books, papers, accounts, records, or affairs of a Texas representative office in accordance with Sections 204.002 (Books, Accounts, and Records) and 204.003 (Examination; Fees);

(2)

has violated this subtitle, another law or rule applicable to a foreign bank or a Texas representative office, or a final and enforceable order of the commissioner or the finance commission;

(3)

has misrepresented or concealed a material fact in the original registration;

(4)

has violated a condition of an agreement between the foreign bank and the commissioner, a bank supervisory agency, or another state regulatory agency; or

(5)

conducts business in an unsafe and unsound manner.
Added by Acts 1999, 76th Leg., ch. 344, Sec. 1.001, eff. Sept. 1, 1999.

Source: Section 204.204 — Enforcement, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­204.­htm#204.­204 (accessed May 26, 2025).

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May 26, 2025

§ 204.204. Enforcement's source at texas​.gov