This law updates the names of the Savings and Loan Department and its commissioner to reflect their new titles. It ensures that all references in statutes or rules are consistent with these changes, affecting legal documents and practices related to savings and mortgage lending in Texas.
Renames Savings and Loan Department to Department of Savings and Mortgage Lending.
Changes savings and loan commissioner to savings and mortgage lending commissioner.
Ensures consistent terminology in statutes and rules.
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In simple terms: Learn about Texas's NAME CHANGES. (a) The Savings and Loan law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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