Tex. Finance Code § 273.205
CONSIDERATION FOR ASSISTANCE
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 273.205, CONSIDERATION FOR ASSISTANCE, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/646909
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Full text
In consideration for assistance provided to a member association under this chapter, the corporation shall receive:
(1) an equity interest in the association; or
(2) other compensation acceptable to the board from the association or another corporate entity that is a party to the transaction in which the assistance is rendered.