Sec. 273.402. ASSISTANCE IN TRANSFERRING OR DISPOSING OF PROPERTY. The corporation shall make or issue to the appropriate person, with the commissioner's approval, a guaranty or other form of written assurance that is reasonably necessary to facilitate the transfer or other disposition of all or part of the property of a member association under conservatorship.
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 E. Assistance Provided to Member Associations Under Conservatorship
Section 273.401. General Assistance
Section 273.402. Assistance in Transferring or Disposing of Property
Section 273.403. Advance of Money
Section 273.404. Purchase of Interest in Assets
Section 273.405. Procedure for Merger, Sale of Control Of, or Sale of Assets