80th Texas Legislature, Regular Session, House Bill 2754, Chapter 735 Page: 16 of 25
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H.B. No. 2754
2 F-e I- t4e ].
3 (c) The banking commissioner may not be compelled to hold a
4 hearing before granting or denying the charter application. In the
5 exercise of discretion, the banking commissioner may consider
6 granting a hearing on a charter application at the request of the
7 applicant or a protesting party. The banking commissioner may order
8 a hearing regardless of whether a hearing has been requested by a
9 party. A party requesting a hearing must indicate with specificity
10 the issues involved that cannot be determined on the basis of the
11 record compiled under Subsection (b) and why the issues cannot be
12 determined. A request for hearing and the banking commissioner's
13 decision with regard to granting a hearing shall be made a part of
14 the record. If [a. pr-t t of th .pplic.tion is timely filed,
15 acompn b the fee de itc re byst ' a rr
16 44] the banking commissioner sets a hearing, the banking
17 commissioner shall conduct a public hearing and as many prehearing
18 conferences and opportunities for discovery as the banking
19 commissioner considers advisable and consistent with governing
20 statutes and rules, except that the banking commissioner may not
21 permit discovery of confidential information in the charter
22 application or the investigation report. [. person p.. t .oting the
25 c informt-i-c to hrter procingz.]
26 (d) Based on the record [ f th- h:earn.g] , the banking
27 commissioner shall determine whether all of the necessary16
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Texas. Legislature. House of Representatives. 80th Texas Legislature, Regular Session, House Bill 2754, Chapter 735, legislative document, 2007-05/2007-06; [Austin, Texas]. (https://texashistory.unt.edu/ark:/67531/metapth155105/m1/16/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting UNT Libraries Government Documents Department.