Tex. Fin. Code § 62.201 · Subchapter E. CONVERSION TO FEDERAL ASSOCIATION
CONDITIONS FOR CONVERSION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The finance commission by rule shall establish the conditions under which an association may convert to a federal association under Section 5, Home Owners' Loan Act (12 U.S.C. Section 1464), and its subsequent amendments.
(b) The conditions must ensure that the conversion will not cause undue harm to the public interest or another existing association.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.62.htm
- Text hash
- sha256 7114f2f88ff3cbaa2596a45983966cfe1ee2f13eb1537ba81b46aa47e7da04b7
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
Provisions in this library whose text cites Tex. Fin. Code § 62.201. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.