Tex. Fin. Code § 92.151 · Subchapter D. 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 a savings bank begins, the initial board shall hold an organizational meeting and elect officers and take other appropriate action to begin the business of the savings bank.
(b) For good cause shown, the commissioner 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.92.htm
- Text hash
- sha256 94a4551bca4ceeb841dacad1f81ae936decb5c302d41a8f203ff51d73aef51c1
- 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.