Tex. Finance Code § 33.211
This is the official text of Tex. Finance Code § 33.211, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 33.211. APPLICATION OF OTHER PROVISIONS TO LIMITED BANKING ASSOCIATIONS.
Official statutory text
For purposes of the provisions of Subtitle A and this subtitle other than this subchapter, as the context requires:
(1) a manager is considered to be a director and the board of managers is considered to be the board of directors;
(2) a participant is considered to be a shareholder;
(3) a participation share is considered to be a share; and
(4) a distribution is considered to be a dividend.
(1) a manager is considered to be a director and the board of managers is considered to be the board of directors;
(2) a participant is considered to be a shareholder;
(3) a participation share is considered to be a share; and
(4) a distribution is considered to be a dividend.
Status: in_force · Read it on the official government site
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