Sec. 62.402. ADOPTION OF MERGER OR CONSOLIDATION PLAN. The board of directors of the foreign association must adopt the merger or consolidation plan.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Subtitle B - Savings and Loan Associations
Chapter 62 - Organizational and Financial Requirements
Subchapter I. Additional Provisions for Merger or Consolidation of Domestic and Foreign Associations
Section 62.401. Applicability of Subchapter
Section 62.402. Adoption of Merger or Consolidation Plan
Section 62.403. Notice and Hearing; Confidentiality
Section 62.404. Denial by Commissioner of Application