Texas § 273.101 CREATION OF AND MEMBERSHIP IN CORPORATION.

Texas Statutes

§ 273.101 — CREATION OF AND MEMBERSHIP IN CORPORATION.

Texas § 273.101

Code FIFinance Code

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Bluebook

Tex. Finance Code Code Ann. § 273.101 (2026).

Text

Sec. 273.101. CREATION OF AND MEMBERSHIP IN CORPORATION.

(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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Sec. 273.101. CREATION OF AND MEMBERSHIP IN CORPORATION. (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.