Tex. Fin. Code § 92.608
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
The profits and losses of a limited savings bank may be allocated among the members and among classes of members as provided by the company agreement. Without the prior written approval of the commissioner to use a different allocation method, the profits and losses must be allocated according to the relative interests of the members in the limited savings bank.
Tex. Fin. Code § 92.608