Sec. 92.055.  APPROVAL OF MANAGING OFFICER.  (a)  A savings bank may not begin business before:
(1)  it presents to the commissioner the name and qualifications of its managing officer;  and
(2)  the commissioner approves the managing officer.
(b)  An applicant is not required at a hearing on the application or in a public record to specify the name and qualifications of the managing officer of the savings bank.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.