Texas Finance Code - Section 92.302. Election Of Directors; Execution And Acknowledgment Of Application And Bylaws
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§ 92.302. ELECTION OF DIRECTORS; EXECUTION AND
ACKNOWLEDGMENT OF APPLICATION AND BYLAWS. (a) At the meeting under
Section 92.301(a), the members or shareholders shall elect
directors of the savings bank.
(b) The directors, or the president and secretary, shall
execute two copies of an application for certificate of
incorporation as provided by Subchapter B.
(c) Each director, or the president and secretary, shall
sign and acknowledge the application for certificate of
incorporation as a subscriber and shall sign and acknowledge the
bylaws as an incorporator.
Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997. Amended
by Acts 2005, 79th Leg., ch. 1018, § 5.13, eff. Sept. 1, 2005.
Section: 92.254 92.255 92.256 92.257 92.258 92.259 92.301 92.302 92.303 92.304 92.305 92.306 92.307 92.308 92.351
Last modified: August 10, 2007
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