Tex. Finance Code § 36.102
FILING RESOLUTIONS WITH BANKING COMMISSIONER
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 36.102, FILING RESOLUTIONS WITH BANKING COMMISSIONER, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645190
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Full text
After resolutions to dissolve and liquidate a state bank have been adopted by the bank's board and shareholders, a majority of the directors shall verify and file with the banking commissioner certified copies of:
(1) the resolutions of the shareholders that:
(A) are adopted at a meeting for which proper notice was given or by unanimous written consent; and
(B) approve the dissolution and liquidation of the bank;
(2) the resolutions of the board approving the dissolution and liquidation of the bank; and
(3) the notice to the shareholders informing them of the meeting.