Sec. 273.304. ADMINISTRATIVE ACCOUNT. The corporation shall establish an administrative account in which the corporation shall deposit earnings, including interest, on the investment of money in the primary account.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Subtitle Z - Miscellaneous Provisions Relating to Financial Institutions and Businesses
Chapter 273 - Savings and Loan Supplemental Fund Act
Subchapter D. Primary and Administrative Accounts; Issuance of Securities
Section 273.301. Required Purchase of Securities
Section 273.302. Amount of Security Purchase
Section 273.303. Primary Account
Section 273.304. Administrative Account
Section 273.305. Authorized Expenditures
Section 273.306. Form and Terms of Security Issue