Tex. Finance Code § 183.105
This is the official text of Tex. Finance Code § 183.105, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 183.105. REQUIRED QUARTERLY BOARD MEETING.
Official statutory text
(a) The board of a state trust company shall hold at least one regular meeting each quarter.
(b) At each regular meeting the board shall review and approve the minutes of the preceding meeting and review the operations, activities, and financial condition of the state trust company. The board may designate committees from among its members to perform those duties and approve or disapprove the committees' reports at each regular meeting.
(c) All actions of the board must be recorded in its minutes.
(b) At each regular meeting the board shall review and approve the minutes of the preceding meeting and review the operations, activities, and financial condition of the state trust company. The board may designate committees from among its members to perform those duties and approve or disapprove the committees' reports at each regular meeting.
(c) All actions of the board must be recorded in its minutes.
Status: in_force · Read it on the official government site
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