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Texas Finance Code - Section 66.251. Closing Of Association By Board Resolution

Legal Research Home > Texas Lawyer > Finance Code > Texas Finance Code - Section 66.251. Closing Of Association By Board Resolution

§ 66.251. CLOSING OF ASSOCIATION BY BOARD RESOLUTION.  An 
association's board, by resolution and with the commissioner's 
consent, may close the association and tender to the commissioner 
for disposition as provided by this subchapter the assets and all 
the affairs of the association.

Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997.                   

Last modified: August 10, 2007