Recent Actions - Legal Opinions and Interpretive Statements

The table below reflects recent actions related to Department of Banking legal opinions and interpretative statements. The Law & Guidance Manual contains these and all other legal opinions and interpretive statements indexed by regulated entity.

Type Subject Matter Applicable Entities Date Issued
Legal Opinion 22-01 A customary one-time proxy solicitation to vote shares of a Texas state bank (or its bank holding company) is not viewed by the Department as an acquisition subject to prior notice or approval of a change in control. Banks 7/13/2022