{"data":{"id":"us-tx/tex.-finance-code-33.107","jurisdiction":"us-tx","citation":"Tex. Finance Code § 33.107","heading":"LIMITATION ON ACTION OF OFFICER OR EMPLOYEE IN RELATION TO ASSET OR LIABILITY.","body":"Unless expressly authorized by a resolution of the board recorded in its minutes, an officer or employee may not create or dispose of a bank asset or create or incur a liability on behalf of the bank.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE A. BANKS","CHAPTER 33. OWNERSHIP AND MANAGEMENT OF STATE BANK","SUBCHAPTER B. BOARD AND OFFICERS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.33.htm#33.107","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"0cec7b600a37b21358428987804683892a1b30ee1f0e64d713569bc3f4e5e600","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-33.106","next":"us-tx/tex.-finance-code-33.108"},"notice":"GroundRules: Original legal text. Not legal advice."}