Sec. 64.102. DISPOSAL OF OTHER REAL PROPERTY. An association shall dispose of real property, other than real property described by Section 64.101, that is acquired by the association in the course of the association's business not later than the fifth anniversary of the date on which it is acquired unless the commissioner extends the time for disposal.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Subtitle B - Savings and Loan Associations
Chapter 64 - Loans and Investments
Subchapter F. Property of Association
Section 64.101. Real Property on Which Association Facility Is Located
Section 64.102. Disposal of Other Real Property
Section 64.103. Transactions Relating to Association's Real Property
Section 64.104. Record of Charges on Real and Personal Property