Tex. Finance Code § 273.104: TERM.
Where this section sits in the code
- FINANCE CODE
- TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
- SUBTITLE Z. MISCELLANEOUS PROVISIONS RELATING TO FINANCIAL INSTITUTIONS AND BUSINESSES
- CHAPTER 273. SAVINGS AND LOAN SUPPLEMENTAL FUND ACT
- SUBCHAPTER B. ORGANIZATION OF CORPORATION
(a) An elected director serves a two-year term and continues to serve until a successor has been elected and qualified.
(b) Of the original board who represent the member associations, three directors shall be elected for two-year terms, and the other three directors shall be elected for one-year terms.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Collected 2026-08-27T01:47:13Z. Source file · JSON