Tex. Fin. Code § 273.503

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 273.503 - Amount to Be Spent Before Certification of Insolvency of Member Association

The commissioner must spend the amount prescribed by Section 273.201(a)(7) before certifying a member association to be insolvent.

Tex. Fin. Code § 273.503

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