Finance Code § 92.405
If the commissioner approves a merger or consolidation plan, the commissioner must issue an approving order. A foreign surviving savings bank must also receive a certificate of authority that expires January 31 of the next calendar year. A domestic surviving savings bank must operate under the merging bank’s articles a
- Jurisdiction
- United States — Texas
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
Statute overview
About this statute
If the commissioner approves a merger or consolidation plan, the commissioner must issue an approving order. A foreign surviving savings bank must also receive a certificate of authority that expires January 31 of the next calendar year. A domestic surviving savings bank must operate under the merging bank’s articles and bylaws and the law for domestic savings banks.
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Finance Code § 92.405
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