Tex. Finance Code § 63.010
EFFECT OF CLOSING
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 63.010, EFFECT OF CLOSING, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645403
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Full text
(a) A day on which an association or one or more of its operations is closed under Section 63.009 during all or part of its normal business hours is considered to be a legal holiday to the extent the association suspends operations.
(b) An association or a director, officer, or employee of the association does not incur liability or loss of rights from a closing authorized by this subtitle.