Finance Code › Title 3 › Chapter 273 › Subchapter C

Texas Finance Code § 273.205

Consideration for Assistance

Savings and Loan Supplemental Fund Act · Operation of Corporation

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.

Official text of the Texas Finance Code as published by the Texas Legislative Council.

Official source
Legislative history

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

Sections that refer to this one

§ 273.204