Texas Finance Code

§ 64.103 — TRANSACTIONS RELATING TO ASSOCIATION'S REAL PROPERTY

FI § 64.103Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part B. SAVINGS AND LOAN ASSOCIATIONS · Ch. 64. LOANS AND INVESTMENTS · Art. F. PROPERTY OF ASSOCIATION

Statute text

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On authorization by the association's board of directors, an association may sell, convey, exchange for other real property, lease, improve, repair, or mortgage real property.

Legislative history

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