Tex. Fin. Code § 63.010 · Chapter 63. GENERAL POWERS
EFFECT OF CLOSING.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A day on which an association or one or more of its operations is closed under Section 63.009 during all or part of its normal business hours is considered to be a legal holiday to the extent the association suspends operations.
(b) An association or a director, officer, or employee of the association does not incur liability or loss of rights from a closing authorized by this subtitle.
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.63.htm
- Text hash
- sha256 b5fdf583a3aedfbb3c1bd3376b224016b318164e85fdb18d9ffc89a550f261a3
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
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.