Decisions of the administrator under §§359.5, 359.6, and 359.8 of this title (relating to Procedures for Deposit, Bank Review, and Deposits, Transfers, Cancellation Protection, and Withdrawals) may be appealed to the board by filing notice with the administrator. The administrator shall bring such appeals before the board at the earliest practicable board meeting for consideration, and notify the appellant, not less than 14 calendar days before the meeting, of the date, time, and place of the board meeting. Appeals under this section shall not be considered contested hearings under the Texas Administrative Procedure and Texas Register Act. The appellant and administrator may present written material to the board, in advance of the date of board consideration, with copies of such written material provided to the other party at least three days prior to the board meeting. The appellant and administrator may present brief oral remarks to the board after which the board shall decide on disposition of the appeal.

Source Note: The provisions of this §359.7 adopted to be effective May 13, 1994, 19 TexReg 3257.