Tex. Fin. Code § 62.306 · Subchapter G. CONVERSION OF ASSOCIATION TO STATE OR NATIONAL BANK OR STATE OR FEDERAL SAVINGS BANK

CONTINUATION OF CORPORATE EXISTENCE.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

After an association is converted to a bank or savings bank:

(1) the corporate existence of the association continues; and

(2) the bank or savings bank is considered to be a continuation of the association that was converted.

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 2a5eaad821bb5409b9caf17c9a5c0dcf3078a684d5651a5cd5d144ae6d54b061
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.