Sec. 92.154. OFFICERS. (a) The officers of a savings bank are:
(1) a president;
(2) one or more vice presidents;
(3) a secretary; and
(4) other officers prescribed by the bylaws.
(b) The board elects the officers by a majority vote.
(c) The managing officer must be a director.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Chapter 92 - Organizational and Financial Requirements
Section 92.151. Organizational Meeting
Section 92.152. Board of Directors
Section 92.153. Qualification of Directors
Section 92.155. Conflicts of Interest
Section 92.156. Financial Institution Bond