Tex. Fin. Code § 92.257 · Subchapter F. CONVERSION OF SAVINGS BANK TO OTHER FINANCIAL INSTITUTION

EFFECT OF ISSUANCE OF CHARTER.

Verbatim from the official edition

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

On the issuance of a charter by the appropriate banking agency, the savings bank:

(1) ceases to be a savings bank incorporated under this subtitle; and

(2) is not subject to the supervision and control of the commissioner under this subtitle.

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.92.htm
Text hash: sha256 136bf73973d5be051a558bbd5dd9b17636608edfe3537952bff3c1020e10c104
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.