Tex. Finance Code § 33.211
APPLICATION OF OTHER PROVISIONS TO LIMITED BANKING ASSOCIATIONS
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 33.211, APPLICATION OF OTHER PROVISIONS TO LIMITED BANKING ASSOCIATIONS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645105
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Full text
For purposes of the provisions of Subtitle A and this subtitle other than this subchapter, as the context requires:
(1) a manager is considered to be a director and the board of managers is considered to be the board of directors;
(2) a participant is considered to be a shareholder;
(3) a participation share is considered to be a share; and
(4) a distribution is considered to be a dividend.