{"data":{"id":"us-tx/tex.-finance-code-92.451","jurisdiction":"us-tx","citation":"Tex. Finance Code § 92.451","heading":"AUTHORITY TO MERGE.","body":"One or more corporations organized under the law of this state may merge into a savings bank that owns all the corporations' capital stock if:\n(1) the board of the savings bank and each corporation by majority vote adopt a plan of merger; and\n(2) the secretary of state and the commissioner approve the merger.\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 J. MERGER OF SUBSIDIARY CORPORATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.92.htm#92.451","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"28d9b5c44849e3e5b22d665df0d4e6d9c9af2f16c7223daa003207775d71e37f","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-92.407","next":"us-tx/tex.-finance-code-92.452"},"notice":"GroundRules: Original legal text. Not legal advice."}