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

Tex. Finance Code § 66.251: CLOSING OF ASSOCIATION BY BOARD RESOLUTION.

Where this section sits in the code

FINANCE CODE
TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
SUBTITLE B. SAVINGS AND LOAN ASSOCIATIONS
CHAPTER 66. ENFORCEMENT AND REGULATION
SUBCHAPTER F. CLOSING

An association's board, by resolution and with the commissioner's consent, may close the association and tender to the commissioner for disposition as provided by this subchapter the assets and all the affairs 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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