Tex. Fin. Code § 273.205 · Subchapter C. OPERATION OF CORPORATION
CONSIDERATION FOR ASSISTANCE.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
In consideration for assistance provided to a member association under this chapter, the corporation shall receive:
(1) an equity interest in the association; or
(2) other compensation acceptable to the board from the association or another corporate entity that is a party to the transaction in which the assistance is rendered.
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 ebb0e273629d1f29d0c1722c3ffebb1a5b96bb18bed7f0529975c555947bdc2a
- 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
Cited by 1 provision
Provisions in this library whose text cites Tex. Fin. Code § 273.205. Each shows the citation as that text prints it.
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.