Tex. Fin. Code § 273.002 · Subchapter A. GENERAL PROVISIONS
PURPOSES; LIBERAL CONSTRUCTION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The purposes of this chapter are to:
(1) establish a fund in this state to aid the commissioner in maintaining the solvency of associations that contribute to the fund; and
(2) safeguard the public interest and promote public confidence in domestic associations doing business in this state by making the fund available to the commissioner to be used to:
(A) protect and rehabilitate the assets of member associations; and
(B) maintain the solvency of member associations.
(b) This chapter shall be liberally construed to effect its purposes.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.273.htm
- Text hash
- sha256 ba5153a09f4e5f7666259c8d2d406dfa818fc464d461b66514c27091967fb60b
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.