Tex. Finance Code § 273.106
This is the official text of Tex. Finance Code § 273.106, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 273.106. VACANCY.
Official statutory text
(a) The office of a director becomes vacant on the death, resignation, or removal of the director.
(b) A resignation must be presented to the commissioner or the board's presiding officer.
(c) A vacancy in the office of a director shall be filled for the unexpired term by majority vote of the remaining directors.
(b) A resignation must be presented to the commissioner or the board's presiding officer.
(c) A vacancy in the office of a director shall be filled for the unexpired term by majority vote of the remaining directors.
Status: in_force · Read it on the official government site
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