Tex. Fin. Code § 92.607 · Subchapter M. LIMITED SAVINGS BANK
DISSOLUTION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A limited savings bank organized under this subchapter is dissolved on:
(1) the expiration of the period fixed for the duration of the limited savings bank; or
(2) the occurrence of events specified in the certificate of formation or company agreement to cause dissolution.
(b) A dissolution under this section is considered a resolution to close the savings bank under Section 96.251.
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 a43c382255900dac559f829d6742b281a091c7c81ff1df68ccdc36d1cd697105
- 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
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