Tex. Fin. Code Section 279.055
Determination by Finance Commission

(a)

Not later than the 120th day after the date an application for the designation of a banking development district is submitted under Section 279.053 (Application for Designation of Banking Development District), the finance commission shall make a determination regarding whether to approve the application.

(b)

If the finance commission approves the application, the finance commission shall notify the:

(1)

local government;

(2)

financial institution;

(3)

comptroller;

(4)

Texas Economic Development and Tourism Office;

(5)

lieutenant governor; and

(6)

speaker of the house of representatives.
Added by Acts 2015, 84th Leg., R.S., Ch. 967 (H.B. 1626), Sec. 1, eff. September 1, 2015.

Source: Section 279.055 — Determination by Finance Commission, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­279.­htm#279.­055 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 279.055’s source at texas​.gov