Tex. Fin. Code § 62.101 · Subchapter C. ADMINISTRATION
ORGANIZATIONAL MEETING.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Not later than the 30th day after the date the corporate existence of an association begins, the initial board shall hold an organizational meeting and elect officers and take other appropriate action to begin the business of the association.
(b) The commissioner for good cause shown by order may extend the deadline prescribed by Subsection (a).
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.62.htm
- Text hash
- sha256 343f637aec52a146a8f7f445a70f543163b1f39469a4917669111f2955be4346
- 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.