{"data":{"id":"us-tx/tex.-finance-code-33.208","jurisdiction":"us-tx","citation":"Tex. Finance Code § 33.208","heading":"DISSOLUTION.","body":"The bylaws or the participation agreement may not require automatic termination, dissolution, or suspension of the limited banking association on the death, disability, bankruptcy, expulsion, or withdrawal of a participant, or on the happening of any other event other than the passage of time.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.\nAmended by:\nActs 2007, 80th Leg., R.S., Ch. 237 (H.B. 1962), Sec. 34, eff. September 1, 2007.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE A. BANKS","CHAPTER 33. OWNERSHIP AND MANAGEMENT OF STATE BANK","SUBCHAPTER C. LIMITED BANKING ASSOCIATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.33.htm#33.208","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"eb8dcb55b3eff5746440acabea683357722d6c64c8df7ca424f4a8094164dcff","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-33.206","next":"us-tx/tex.-finance-code-33.209"},"notice":"GroundRules: Original legal text. Not legal advice."}