Tex. Finance Code § 126.456

This is the official text of Tex. Finance Code § 126.456, part of Texas’s Finance Code — regulates banks and other financial institutions.

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§ 126.456. NOTICE TO COMMISSIONER OF AFFIRMATIVE VOTE TO LIQUIDATE.

Official statutory text

(a) The board's presiding officer or president and the secretary shall notify the commissioner of the intention to liquidate not later than the fifth day after the affirmative vote to dissolve and liquidate.

(b) The person notifying the commissioner must include a list of the names and addresses of the credit union's officers and directors with the notice.

Status: in_force · Read it on the official government site

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