(a) The commissioner may revoke a foreign savings bank's certificate of authority on the failure or refusal of the savings bank to comply with a final order of the commissioner.
(b) On revocation under Subsection (a), an agent of the savings bank may not transact business in this state except to:
(1) receive a payment to apply to an active loan contract; or
(2) pay a withdrawal request.
Official text of the Texas Finance Code as published by the Texas Legislative Council.