Tex. Finance Code § 273.101
CREATION OF AND MEMBERSHIP IN CORPORATION
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 273.101, CREATION OF AND MEMBERSHIP IN CORPORATION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/646893
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Full text
(a) The Texas Savings and Loan Supplemental Fund Corporation is a nonprofit legal entity that is supervised by the commissioner.
(b) A domestic association is eligible to be a member of the corporation if the association:
(1) is insured by the Federal Deposit Insurance Corporation; and
(2) meets the membership standards adopted by the board and approved by the commissioner as part of the Texas Savings and Loan Supplemental Fund Corporation's plan of operation.