Sec. 92.153.  QUALIFICATION OF DIRECTORS.  (a)  A person is not qualified to be a director of a savings bank if the person:
(1)  is less than 18 years of age;
(2)  has been adjudicated bankrupt or convicted of a criminal offense involving dishonesty or breach of trust, unless the commissioner gives the person prior written approval to be a director;
(3)  has a final judgment entered against the person for an amount of money that has remained unsatisfied or unsecured for more than six months after the date of the judgment's entry, unless:
(A)  the commissioner gives the person prior written approval to be a director;  or
(B)  the judgment was satisfied of record more than one year before the election date;  or
(4)  is a director, officer, or employee of another savings bank, unless the commissioner gives the person prior written approval to be a director.
(b)  The bylaws of a savings bank may prescribe other qualifications for a director.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.