Tex. Fin. Code § 92.259 · Subchapter F. CONVERSION OF SAVINGS BANK TO OTHER FINANCIAL INSTITUTION
PROPERTY AND OBLIGATIONS OF CONVERTED SAVINGS BANK.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The new financial institution:
(1) retains any property, right, or obligation of the converted savings bank; and
(2) to the extent the provisions can be made applicable, is subject to Sections 92.306-92.308 as if it were a new savings bank.
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 b9e917fe0d5a426731507d131cde4b43e1fa27e28af098279dfb4270ade21504
- 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
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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.