Tex. Fin. Code § 33.107

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 33.107 - Limitation on Action of Officer or Employee in Relation to Asset or Liability

Unless expressly authorized by a resolution of the board recorded in its minutes, an officer or employee may not create or dispose of a bank asset or create or incur a liability on behalf of the bank.

Tex. Fin. Code § 33.107

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.