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
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- Undated source snapshot
- Language
- en
- Official source
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loss allocation profit allocation
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Finance Code § 92.608
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