FINAL REPORT AND ACCOUNTING
Known as the Texas Savings and Loan Act
The act spans §§ 61.001 to 89.102 (217 sections).
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff
(a) On completion of the liquidation, the board shall file with the commissioner a final report and accounting of the liquidation.
(b) The commissioner's approval of the report is a complete and final discharge of the board and each member in connection with the liquidation of the association.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.