Texas Statutes
Subchapter J. Merger of Subsidiary Corporation
Section 62.453. Approval of Merger

Sec. 62.453. APPROVAL OF MERGER. (a) The secretary of state shall approve the articles of merger if the secretary of state determines that:
(1) the articles of merger comply with applicable law; and
(2) all fees and franchise taxes due from each corporation have been paid.
(b) The commissioner shall approve the articles of merger if the commissioner determines that:
(1) the articles of merger comply with applicable law; and
(2) the merger is in the best interest of the association.
(c) On approval of the articles of merger, each approving officer shall:
(1) endorse on the original and copy of the articles of merger the word "filed" and the date of the approval;
(2) file the original articles of merger in the records of the officer's office; and
(3) issue and deliver to the association a certificate of merger with an attached copy of the articles of merger.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

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