{"data":{"id":"us-tx/tex.-finance-code-92.259","jurisdiction":"us-tx","citation":"Tex. Finance Code § 92.259","heading":"PROPERTY AND OBLIGATIONS OF CONVERTED SAVINGS BANK.","body":"The new financial institution:\n(1) retains any property, right, or obligation of the converted savings bank; and\n(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.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["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"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.92.htm#92.259","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"592cfb5ce517127f27545fac2372014f78c224c67540fb3515af9f8bfa8b36db","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-92.258","next":"us-tx/tex.-finance-code-92.301"},"notice":"GroundRules: Original legal text. Not legal advice."}