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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 62.352: CONTINUATION OF CORPORATE EXISTENCE; HOME OFFICE OF SURVIVING ENTITY.

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Where this section sits in the code
  1. FINANCE CODE
  2. TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
  3. SUBTITLE B. SAVINGS AND LOAN ASSOCIATIONS
  4. CHAPTER 62. ORGANIZATIONAL AND FINANCIAL REQUIREMENTS
  5. SUBCHAPTER H. REORGANIZATION, MERGER, AND CONSOLIDATION

(a) An entity that results from a reorganization, merger, or consolidation as provided by Section 62.351 has the same incidents as the reorganized, merged, or consolidated entity in the same manner as an entity that has converted under this chapter has the same incidents as the converting entity.

(b) The home office of the association in the proposed merger that possesses the largest assets is the home office of the surviving entity unless the commissioner approves otherwise.

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

Collected 2026-08-27T01:47:13Z. Source file · JSON

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