* GM weighs 856 appeals, reverses 45 dealer closings

* Chrysler sells, distributes all of outgoing inventory

* Lawmakers question Chrysler on dealer pressure

* Texas AG objects to GM 'strong arm tactics' (Adds Texas attorney general objection)

By Mari Saito and John Crawley

WASHINGTON, June 12 (Reuters) - Virtually all dealers asked to do business with the new General Motors Corp GMGMQ.PK after bankruptcy have agreed to do so, while the automaker will work through the weekend to weigh appeals from those that are being cut loose, the company's chief executive said on Friday.

Some 96 percent of 3,500 dealerships GM wants to retain have agreed verbally or in writing to work with the automaker and 90 percent of those whose franchises are ending have signed or verbally agreed to wind-down terms, GM CEO Fritz Henderson told a House of Representatives subcommittee.

The dealerships with which GM wants to maintain a relationship had until Friday to accept terms that the automaker said were aimed at streamlining its distribution and sales network and increasing market share.

"Our dealership consolidation is not just about saving money, but about creating opportunity and revenue growth," Henderson said, adding it received 856 appeals from dealerships facing termination and reversed closure decisions for 45.