Texas Finance Code § 62.503 Final Report And Accounting

Sec. 62.503. FINAL REPORT AND ACCOUNTING. (a) On completion of the liquidation, the board shall file with the commissioner a final report and accounting of the liquidation.

(b) The commissioner's approval of the report is a complete and final discharge of the board and each member in connection with the liquidation of the association.

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

Section: Previous  62.451  62.452  62.453  62.454  62.455  62.501  62.502  62.503  62.551  62.552  62.553  62.554  62.555  62.556  62.557  Next

Last modified: September 28, 2016