Tex. Finance Code § 36.102
This is the official text of Tex. Finance Code § 36.102, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 36.102. FILING RESOLUTIONS WITH BANKING COMMISSIONER.
Official statutory text
After resolutions to dissolve and liquidate a state bank have been adopted by the bank's board and shareholders, a majority of the directors shall verify and file with the banking commissioner certified copies of:
(1) the resolutions of the shareholders that:
(A) are adopted at a meeting for which proper notice was given or by unanimous written consent; and
(B) approve the dissolution and liquidation of the bank;
(2) the resolutions of the board approving the dissolution and liquidation of the bank; and
(3) the notice to the shareholders informing them of the meeting.
(1) the resolutions of the shareholders that:
(A) are adopted at a meeting for which proper notice was given or by unanimous written consent; and
(B) approve the dissolution and liquidation of the bank;
(2) the resolutions of the board approving the dissolution and liquidation of the bank; and
(3) the notice to the shareholders informing them of the meeting.
Status: in_force · Read it on the official government site
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