Tex. Finance Code § 96.251
This is the official text of Tex. Finance Code § 96.251, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 96.251. CLOSING OF SAVINGS BANK BY BOARD RESOLUTION.
Official statutory text
A savings bank's board, by resolution and with the commissioner's consent, may close the savings bank and tender to the commissioner for disposition as provided by this subchapter the assets and all the affairs of the savings bank.
Status: in_force · Read it on the official government site
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