Texas Finance Code

§ 273.102 — BOARD OF DIRECTORS

FI § 273.102Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part Z. MISCELLANEOUS PROVISIONS RELATING TO FINANCIAL INSTITUTIONS AND BUSINESSES · Ch. 273. SAVINGS AND LOAN SUPPLEMENTAL FUND ACT · Art. B. ORGANIZATION OF CORPORATION

Statute text

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(a)The board shall exercise the powers and manage the business and affairs of the corporation.

(b)The board consists of:

(1)the members of the Finance Commission of Texas; and

(2)six members elected by the member associations at an annual meeting.

Legislative history

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