{"data":{"id":"us-tx/tex.-finance-code-62.008","jurisdiction":"us-tx","citation":"Tex. Finance Code § 62.008","heading":"PREFERENCE FOR LOCAL CONTROL.","body":"If an application to incorporate a new association that proposes to locate an office in a community is before the commissioner at the same time as an application to establish an additional office in the same community from an existing association and the principal office of the existing association is located in a county other than the county in which the community is located, the commissioner may give additional weight to the application of the applicant that has the greater degree of control vested in or held by residents of the community.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE B. SAVINGS AND LOAN ASSOCIATIONS","CHAPTER 62. ORGANIZATIONAL AND FINANCIAL REQUIREMENTS","SUBCHAPTER A. INCORPORATION IN GENERAL"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.62.htm#62.008","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"0649b47bcfc522e5170be7eaef2fc15c7492a64a15cfae03e2011f0bdc5764c4","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-62.007","next":"us-tx/tex.-finance-code-62.009"},"notice":"GroundRules: Original legal text. Not legal advice."}