Tex. Fin. Code § 96.251
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
A savings bank's board, by resolution and with the commissioner's consent, may close the savings bank and tender to the commissioner for disposition as provided by this subchapter the assets and all the affairs of the savings bank.
Tex. Fin. Code § 96.251