Texas Finance Code Chapter 97 > Subchapter B – Mutual Holding Companies
Current as of: 2024 | Check for updates
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Other versions
| § 97.051 | Reorganization to Become Mutual Holding Company |
| § 97.052 | Application for Approval of Reorganization |
| § 97.053 | Plan of Reorganization |
Terms Used In Texas Finance Code Chapter 97 > Subchapter B - Mutual Holding Companies
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Property: means real and personal property. See Texas Government Code 311.005