§ 32.007. DEADLINE TO BEGIN BUSINESS.
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TX Code › Code fi › Chapter 32 › Section 32.007
This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.
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If the state bank does not open and engage in the business of banking within six months after the date of the granting of its charter, the banking commissioner may forfeit the charter or cancel the conditional approval of application for charter without judicial action.
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