Texas Finance Code - Section 63.010. Effect Of Closing
Legal Research Home >
Texas Lawyer > Finance Code > Texas Finance Code - Section 63.010. Effect Of Closing
§ 63.010. EFFECT OF CLOSING. (a) A day on which an
association or one or more of its operations is closed under Section
63.009 during all or part of its normal business hours is considered
to be a legal holiday to the extent the association suspends
operations.
(b) An association or a director, officer, or employee of
the association does not incur liability or loss of rights from a
closing authorized by this subtitle.
Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997.
Section: 63.003 63.004 63.005 63.006 63.007 63.008 63.009 63.010 64.001 64.002 64.003 64.021 64.022 64.023 64.041
Last modified: August 10, 2007
|
