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Texas Finance Code - FIN § 273.101. Creation of and Membership in Corporation

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) The Texas Savings and Loan Supplemental Fund Corporation is a nonprofit legal entity that is supervised by the commissioner.

(b) A domestic association is eligible to be a member of the corporation if the association:

(1) is insured by the Federal Deposit Insurance Corporation;  and

(2) meets the membership standards adopted by the board and approved by the commissioner as part of the Texas Savings and Loan Supplemental Fund Corporation's plan of operation.

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Cite this article: FindLaw.com - Texas Finance Code - FIN § 273.101. Creation of and Membership in Corporation - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-273-101/

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