Texas Finance Code
§ 96.312 — COST OF LIQUIDATION
FI § 96.312Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part C. SAVINGS BANKS · Ch. 96. SUPERVISION AND REGULATION · Art. G. LIQUIDATION
Statute text
View on source(a)The commissioner shall determine the cost of the liquidation.
(b)The cost of liquidation shall be paid from the savings bank's assets as the commissioner directs.
Legislative history
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.