Sec. 92.256. FILING OF CHARTER OR CERTIFICATE. (a) The new financial institution shall file with the commissioner:
(1) a copy of the charter issued to the new financial institution by the appropriate banking agency; or
(2) the certificate showing the organization of the new financial institution, certified by the secretary or assistant secretary of the appropriate banking agency.
(b) Failure to file the charter or certificate with the commissioner does not affect the validity of the conversion.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Chapter 92 - Organizational and Financial Requirements
Subchapter F. Conversion of Savings Bank to Other Financial Institution
Section 92.251. Conditions for Conversion
Section 92.252. Application for Conversion
Section 92.253. Action by Commissioner on Application
Section 92.254. Hearing on Application
Section 92.255. Consummation of Conversion
Section 92.256. Filing of Charter or Certificate
Section 92.257. Effect of Issuance of Charter
Section 92.258. Continuation of Corporate Existence
Section 92.259. Property and Obligations of Converted Savings Bank