An association may issue a form of stock, share, account, or investment certificate only as authorized by this subtitle.
Tex. Fin. Code § 62.154
LIMITATION ON ISSUANCE OF SECURITIES
Known as the Texas Savings and Loan Act
The act spans §§ 61–89 (217 sections).
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.