This law allows the savings and mortgage lending commissioner to create advisory committees to support the Department's functions. These committees assist in various capacities as defined by the commissioner, including reporting on their activities and findings.
Commissioner can appoint advisory committees for assistance.
Committees have specified purposes, powers, and duties.
Committees must report to the commissioner or department.
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Explain Like I'm 5
In simple terms: Learn about Texas's ADVISORY COMMITTEES. (a) The savings and 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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