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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 273.205: CONSIDERATION FOR ASSISTANCE.

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Where this section sits in the code
  1. FINANCE CODE
  2. TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
  3. SUBTITLE Z. MISCELLANEOUS PROVISIONS RELATING TO FINANCIAL INSTITUTIONS AND BUSINESSES
  4. CHAPTER 273. SAVINGS AND LOAN SUPPLEMENTAL FUND ACT
  5. SUBCHAPTER C. OPERATION OF CORPORATION

In consideration for assistance provided to a member association under this chapter, the corporation shall receive:

(1) an equity interest in the association; or

(2) other compensation acceptable to the board from the association or another corporate entity that is a party to the transaction in which the assistance is rendered.

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Collected 2026-08-27T01:47:13Z. Source file · JSON

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