Sec. 92.308. LOCAL FILING OF CONVERSION ORDER REQUIRED. The savings bank shall file a copy of the order of conversion in each county in which the financial institution that converted owned real property at the time the conversion took effect.
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 G. Conversion of Other Financial Institution to Savings Bank
Section 92.301. Application to Convert
Section 92.302. Election of Directors; Execution and Acknowledgment of Application and Bylaws
Section 92.303. Review by Commissioner; Approval
Section 92.304. Hearing on Denial; Appeal
Section 92.305. Continuation of Corporate Existence
Section 92.306. Property and Obligations of Converted Institution
Section 92.307. Effect of Conversion on Pending Legal Action