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Tex. Finance Code § 62.252

ELECTION OF DIRECTORS; EXECUTION AND ACKNOWLEDGMENT OF APPLICATION AND BYLAWS

Texas · Texas Finance Code · Status: effective

Elections & Government Ethics
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Tex. Finance Code § 62.252, ELECTION OF DIRECTORS; EXECUTION AND ACKNOWLEDGMENT OF APPLICATION AND BYLAWS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645348
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(a) At the meeting under Section 62.251(a), the members or shareholders shall elect the directors of the association. (b) The directors shall execute two copies of the application required by Section 62.251. (c) Each director of the association shall sign and acknowledge the application as a subscriber and the proposed bylaws as an incorporator.