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Tex. Finance Code § 33.208

DISSOLUTION

Texas · Texas Finance Code · Status: effective

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Tex. Finance Code § 33.208, DISSOLUTION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645102
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The bylaws or the participation agreement may not require automatic termination, dissolution, or suspension of the limited banking association on the death, disability, bankruptcy, expulsion, or withdrawal of a participant, or on the happening of any other event other than the passage of time.