Tex. Finance Code § 273.202
This is the official text of Tex. Finance Code § 273.202, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 273.202. TEMPORARY PLAN OF OPERATION.
Official statutory text
(a) The commissioner shall prepare and adopt a temporary plan of operation for organization of the corporation until the initial board is selected. The plan must include standards for membership in the corporation.
(b) The temporary plan remains in effect until the plan is:
(1) modified by the commissioner; or
(2) superseded by a plan of operation that is approved by the commissioner.
(b) The temporary plan remains in effect until the plan is:
(1) modified by the commissioner; or
(2) superseded by a plan of operation that is approved by the commissioner.
Status: in_force · Read it on the official government site
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