Finance Code § 92.602
Members, member transferees, and managers of a limited savings bank are not personally liable for the bank’s debts or liabilities, and members or managers are generally not proper parties in proceedings involving the bank unless the case is to enforce their rights or liabilities against the bank.
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- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Language
- en
- Official source
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liability litigation standing
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Finance Code § 92.602
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