The Commissioner at any time, on the Commissioner's own motion or on written request, may release a registered holding company from a registration made by the company if the Commissioner determines that the company no longer controls a savings association. If released, the savings association associated with the holding company must maintain the books and records of such holding company.

Source Note: The provisions of this §60.245 adopted to be effective July 16, 2023, 48 TexReg 3644