GroundRules
Tex. Finance Code § 92.257: EFFECT OF ISSUANCE OF CHARTER.
Where this section sits in the code
- FINANCE CODE
- TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
- SUBTITLE C. SAVINGS BANKS
- CHAPTER 92. ORGANIZATIONAL AND FINANCIAL REQUIREMENTS
- SUBCHAPTER F. CONVERSION OF SAVINGS BANK TO OTHER FINANCIAL INSTITUTION
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.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Collected 2026-08-27T01:47:13Z. Source file · JSON