Tex. Finance Code § 92.607
This is the official text of Tex. Finance Code § 92.607, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 92.607. DISSOLUTION.
Official statutory text
(a) A limited savings bank organized under this subchapter is dissolved on:
(1) the expiration of the period fixed for the duration of the limited savings bank; or
(2) the occurrence of events specified in the certificate of formation or company agreement to cause dissolution.
(b) A dissolution under this section is considered a resolution to close the savings bank under Section 96.251.
(1) the expiration of the period fixed for the duration of the limited savings bank; or
(2) the occurrence of events specified in the certificate of formation or company agreement to cause dissolution.
(b) A dissolution under this section is considered a resolution to close the savings bank under Section 96.251.
Status: in_force · Read it on the official government site
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