Sec. 62.452. ARTICLES OF MERGER. (a) The articles of merger must:
(1) be executed by the president or vice president and a secretary or assistant secretary of the association and each corporation; and
(2) include:
(A) the name of the association and each corporation;
(B) a copy of the resolution of the association and each corporation adopting the plan of merger;
(C) a statement of the number of shares of each class issued or authorized by each corporation;
(D) a statement that all capital stock of each corporation is owned by the association; and
(E) a statement incorporating the provisions of Section 62.454(b).
(b) An original and a copy of the articles of merger shall be submitted to the secretary of state and the commissioner.
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 J. Merger of Subsidiary Corporation
Section 62.451. Authority to Merge
Section 62.452. Articles of Merger
Section 62.453. Approval of Merger