{"data":{"id":"us-tx/tex.-finance-code-273.104","jurisdiction":"us-tx","citation":"Tex. Finance Code § 273.104","heading":"TERM.","body":"(a) An elected director serves a two-year term and continues to serve until a successor has been elected and qualified.\n(b) Of the original board who represent the member associations, three directors shall be elected for two-year terms, and the other three directors shall be elected for one-year terms.\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#273.104","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"cb6d7a2772e5f4f6f5902b942b5435d6950de1ed4b0d01f72eac47db609c3c1a","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-273.103","next":"us-tx/tex.-finance-code-273.105"},"notice":"GroundRules: Original legal text. Not legal advice."}