Tex. Finance Code § 92.607
DISSOLUTION
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 92.607, DISSOLUTION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645668
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Full text
(a) A limited savings bank organized under this subchapter is dissolved on:
(1) the expiration of the period fixed for the duration of the limited savings bank; or
(2) the occurrence of events specified in the certificate of formation or company agreement to cause dissolution.
(b) A dissolution under this section is considered a resolution to close the savings bank under Section 96.251.