{"data":{"id":"us-tx/tex.-finance-code-273.103","jurisdiction":"us-tx","citation":"Tex. Finance Code § 273.103","heading":"EXECUTIVE COMMITTEE.","body":"(a) The plan of operation of the corporation may authorize the board to create an executive committee consisting of three or more directors.\n(b) An act of the executive committee is as effective as an act of the board if the act is authorized by the plan of operation and is within the authority delegated to the committee.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["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 B. ORGANIZATION OF CORPORATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.273.htm#273.103","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"904483d91e23e6317d3b4402a65827914be08cc71fe614c3263444fc0d18e322","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-273.102","next":"us-tx/tex.-finance-code-273.104"},"notice":"GroundRules: Original legal text. Not legal advice."}