Tex. Fin. Code § 62.304 · Subchapter G. CONVERSION OF ASSOCIATION TO STATE OR NATIONAL BANK OR STATE OR FEDERAL SAVINGS BANK
FILING OF CHARTER OR CERTIFICATE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The bank or savings bank shall file with the commissioner:
(1) a copy of the charter issued to the bank or savings bank by the appropriate financial institution regulatory agency; or
(2) a certificate showing the organization of the bank or savings bank as a financial institution, certified by the secretary or assistant secretary of the appropriate financial institution regulatory agency.
(b) Failure to file the charter or certificate with the commissioner does not affect the validity of the conversion.
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 b061b786396f54670d4637646b4c7633a6fd221d74ba190af08e4cb9ae239238
- 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
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.