Texas Comptroller of Public Accounts
This revenue object is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated objects may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.
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| Revenue Type: Cash — Business Regulation |
| Origin Date: 1943 by the 48th Leg., R.S. |
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| Revised Date: 2020-10-30 |
The commission may charge fees to cover maintenance, operation and enforcement costs of the Finance Code. These fees charged to banks include annual fees for examination based on the bank's assets. May also charge bank charter application fees and fees for amendment of a bank's articles of association. Can charge investigative and filing fees associated with a bank merger. These fees are collected from trust companies for similar activities.
The commission may collect fees from foreign banks applying for a branch in Texas. May also collect examination fees and fees for applying to act as a fiduciary.
As determined by the commission.
Account in the Texas Safekeeping Trust Company.
Amended by S.B. 151, S.B. 294, S.B. 488, 68th Leg., R.S.
Amended by S.B. 746, 69th Leg., R.S.
Amended by H.B. 10, H.B. 1870, 75th Leg., R.S.
Previously deposited to General Revenue Fund (No. 0001). Effective 9-1-09, H.B. 2774, 81st Leg., R.S., made the Texas Department of Banking, Agency 451, a semi-independent agency with funds in the Texas Safekeeping Trust Company.
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