VOTE ON VOLUNTARY LIQUIDATION.

Tex. FIN Code § 126.455.
in effect
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At a special meeting called to consider the proposed liquidation, a majority of the credit union members voting, but not less than a quorum, may vote to dissolve and liquidate the credit union. Those members casting votes by mail or at the meeting constitute a quorum for the transaction of business at the special meeting, notwithstanding a bylaw provision to the contrary. Acts 2013, 83rd Leg., R.S., Ch. 19 (S.B. 244 ), Sec. 24, eff. September 1, 2013.
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/28/2026

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