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SB 997, 62nd Regular Session
Relating to providing authority for the Banking Commissioner, in the case of certain violations and unsound practices of State Banks, to issue cease and desist orders for removal from office to State banks and offending officers, directors, or employees; providing for penalties of up to $500 per day for violation of such orders, and for suits for collections and injunctions by the Attorney General.

Author: J.P. Word
Joint Author: A.M. Aikin, Jr. | W.E. "Pete" Snelson | O.H. Harris | David Ratliff
Sponsor: Bill Clayton

Session Law Chapter:
Acts 1971, 62nd R.S.,ch. 946, General and Special Laws of Texas


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