Tex. Finance Code § 126.451
BOARD RESOLUTION
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 126.451, BOARD RESOLUTION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/646108
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Full text
Unless the commissioner has issued a liquidation order, the board may adopt a resolution recommending voluntary dissolution of the credit union and directing submission of the question of liquidation to the members of the credit union.