{"data":{"id":"us-tx/tex.-finance-code-273.206","jurisdiction":"us-tx","citation":"Tex. Finance Code § 273.206","heading":"CANCELLATION OF MEMBERSHIP.","body":"The board may cancel the membership of a member association that fails to purchase securities as required by Section 273.301 by the 10th banking day after the purchase date set by the board.\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 C. OPERATION OF CORPORATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.273.htm#273.206","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"23f3d6e2dbb3ffde1dd8fd0a58a89e0ff7b3862dee8da2f1d20884c3d48e8a5b","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-273.205","next":"us-tx/tex.-finance-code-273.207"},"notice":"GroundRules: Original legal text. Not legal advice."}