Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 126.252 - Compensation of Credit Union Employees and Officers(a) This chapter does not prevent compensation of a salaried employee or officer of a credit union during the credit union's liquidation.(b) The compensation is considered an incidental expense of the liquidation.
Tex. Fin. Code § 126.252
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.