Texas Finance Code

§ 66.314 — CONTINUED EXISTENCE OF ASSOCIATION FOLLOWING LIQUIDATION

FI § 66.314Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part B. SAVINGS AND LOAN ASSOCIATIONS · Ch. 66. ENFORCEMENT AND REGULATION · Art. G. LIQUIDATION

Statute text

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For the purposes of adjusting and settling claims not disposed of during the liquidation, the association continues to exist until the third anniversary of the date the liquidation order is issued.

Legislative history

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