Tex. Fin. Code Section 93.012
Effect of Closing


(a)

A day on which a savings bank or one or more of its operations are closed under Section 93.011 (Emergency Closing) during all or part of its normal business hours is considered to be a legal holiday to the extent the savings bank suspends operations.

(b)

A savings bank or a director, officer, or employee of a savings bank does not incur liability or loss of rights from a closing authorized by Section 93.011 (Emergency Closing).
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Source: Section 93.012 — Effect of Closing, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­93.­htm#93.­012 (accessed May 18, 2024).

Accessed:
May 18, 2024

§ 93.012’s source at texas​.gov