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Texas Finance Code

§ 92.255 — CONSUMMATION OF CONVERSION

FI § 92.255Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part C. SAVINGS BANKS · Ch. 92. ORGANIZATIONAL AND FINANCIAL REQUIREMENTS · Art. F. CONVERSION OF SAVINGS BANK TO OTHER FINANCIAL INSTITUTION

Statute text

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Within three months after the date of the commissioner's written order consenting to the conversion, the savings bank shall consummate the conversion in the manner prescribed by the applicable law of this state or the United States.

Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.