Finance Code § 92.608 — United States — Texas law | Esheria

Finance Code § 92.608

A limited savings bank may allocate profits and losses among members and classes of members as its company agreement provides; otherwise, it must use the members’ relative interests unless the commissioner gives prior written approval for a different method.

Jurisdiction
United States — Texas
Instrument
Code
Version
Undated source snapshot
Language
en
Official source
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loss allocation profit allocation

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