Tex. Fin. Code § 92.604 · Subchapter M. LIMITED SAVINGS BANK
MANAGERS OF LIMITED SAVINGS BANK.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Management of a limited savings bank shall be exercised by a board of managers consisting of not fewer than five or more than 21 persons.
(b) A manager must meet the qualifications for a director under Section 92.153.
(c) The governing documents of a limited savings bank may use "director" instead of "manager" and "board" instead of "board of managers."
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 1018 (H.B. 955), Sec. 5.15, eff. September 1, 2005.
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 4c2df98a72fba58444cdd03181a8c59c0674e6131020273c920ee5ef13450c57
- 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
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