Tex. Fin. Code § 92.607

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 92.607 - Dissolution
(a) A limited savings bank organized under this subchapter is dissolved on:
(1) the expiration of the period fixed for the duration of the limited savings bank; or
(2) the occurrence of events specified in the certificate of formation or company agreement to cause dissolution.
(b) A dissolution under this section is considered a resolution to close the savings bank under Section 96.251.

Tex. Fin. Code § 92.607

Added by Acts 2005, 79th Leg., Ch. 1018, Sec. 5.15, eff. 9/1/2005.