(a) The commissioner shall determine the cost of the liquidation.
(b) The cost of liquidation shall be paid from the savings bank's assets as the commissioner directs.
Tex. Fin. Code § 96.312
COST OF LIQUIDATION
Known as the Texas Savings Bank Act
The act spans §§ 91–119 (255 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.