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

Tex. Finance Code § 62.503: FINAL REPORT AND ACCOUNTING.

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Where this section sits in the code
  1. FINANCE CODE
  2. TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
  3. SUBTITLE B. SAVINGS AND LOAN ASSOCIATIONS
  4. CHAPTER 62. ORGANIZATIONAL AND FINANCIAL REQUIREMENTS
  5. SUBCHAPTER K. VOLUNTARY LIQUIDATION

(a) On completion of the liquidation, the board shall file with the commissioner a final report and accounting of the liquidation.

(b) The commissioner's approval of the report is a complete and final discharge of the board and each member in connection with the liquidation of the association.

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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