Finance Code § 33.208
The bylaws or participation agreement may not require a limited banking association to end, dissolve, or suspend because a participant dies, becomes disabled, goes bankrupt, is expelled, withdraws, or for any event other than the passage of time.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
- Official source
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association governance
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Finance Code § 33.208
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