Tex. Finance Code § 273.205: CONSIDERATION FOR ASSISTANCE.
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 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