Filing Resolutions With Banking Commissioner

Sec. 36.102. FILING RESOLUTIONS WITH BANKING COMMISSIONER. After resolutions to dissolve and liquidate a state bank have been adopted by the bank's board and shareholders, a majority of the directors shall verify and file with the banking commissioner certified copies of: (1) the resolutions of the shareholders that: (A) are adopted at a meeting for which proper notice was given or by unanimous written consent; and (B) approve the dissolution and liquidation of the bank; (2) the resolutions of the board approving the dissolution and liquidation of the bank; and (3) the notice to the shareholders informing them of the meeting. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by: Acts 2007, 80th Leg., R.S., Ch. 237 (H.B. 1962), Sec. 50, eff. September 1, 2007. Acts 2007, 80th Leg., R.S., Ch. 735 (H.B. 2754), Sec. 9, eff. September 1, 2007.