{"data":{"id":"us-tx/tex.-finance-code-32.007","jurisdiction":"us-tx","citation":"Tex. Finance Code § 32.007","heading":"DEADLINE TO BEGIN BUSINESS.","body":"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.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE A. BANKS","CHAPTER 32. POWERS, ORGANIZATION, AND FINANCIAL REQUIREMENTS","SUBCHAPTER A. ORGANIZATION AND POWERS IN GENERAL"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.32.htm#32.007","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"99f7dc9ab56e8614f31288918fab17ee9298978d58ee0fd826da2390d4a9878a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-32.006","next":"us-tx/tex.-finance-code-32.008"},"notice":"GroundRules: Original legal text. Not legal advice."}