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

Tex. Finance Code § 96.251: CLOSING OF SAVINGS BANK BY BOARD RESOLUTION.

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Where this section sits in the code
  1. FINANCE CODE
  2. TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
  3. SUBTITLE C. SAVINGS BANKS
  4. CHAPTER 96. SUPERVISION AND REGULATION
  5. SUBCHAPTER F. CLOSING

A savings bank's board, by resolution and with the commissioner's consent, may close the savings bank and tender to the commissioner for disposition as provided by this subchapter the assets and all the affairs of the savings bank.

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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