Texas Statutes
§ 273.205 — CONSIDERATION FOR ASSISTANCE.
Texas § 273.205
JurisdictionTexas
Code FIFinance Code
This text of Texas § 273.205 (CONSIDERATION FOR ASSISTANCE.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Finance Code Code Ann. § 273.205 (2026).
Text
Sec. 273.205. CONSIDERATION FOR ASSISTANCE. In consideration for assistance provided to a member association under this chapter, the corporation shall receive:
(1)an equity interest in the association; or
(2)other compensation acceptable to the board from the association or another corporate entity that is a party to the transaction in which the assistance is rendered.
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Legislative History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Nearby Sections
15
§ 273.001
SHORT TITLE.§ 273.002
PURPOSES; LIBERAL CONSTRUCTION.§ 273.003
DEFINITIONS.§ 273.004
EXEMPTION FROM SECURITIES ACT.§ 273.102
BOARD OF DIRECTORS.§ 273.103
EXECUTIVE COMMITTEE.§ 273.104
TERM.§ 273.105
BOARD OFFICERS AND PERSONNEL.§ 273.106
VACANCY.§ 273.107
REMOVAL OF BOARD MEMBER.§ 273.108
CONFLICT OF INTEREST.§ 273.110
MEETINGS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 273.205, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/273.205.