Finance Code › Title 3 › Chapter 62 › Subchapter K

Texas Finance Code § 62.503

Final Report and Accounting

Organizational and Financial Requirements · Voluntary Liquidation

(a) On completion of the liquidation, the board shall file with the commissioner a final report and accounting of the liquidation.

(b) The commissioner's approval of the report is a complete and final discharge of the board and each member in connection with the liquidation of the association.

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.