Sec. 92.354. ALTERNATIVE OR ADDITIONAL PROCEDURES. If the surviving financial institution is an entity other than a savings bank, the commissioner may accept, in addition to or instead of the requirements of this subchapter, the procedures and decision of the appropriate banking agency with jurisdiction over the surviving financial institution.
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 H. Reorganization, Merger, and Consolidation in General
Section 92.351. Authority to Reorganize, Merge, or Consolidate
Section 92.352. Notice and Hearing; Confidentiality
Section 92.353. Denial by Commissioner of Plan
Section 92.354. Alternative or Additional Procedures
Section 92.355. Continuation of Corporate Existence; Home Office of Surviving Entity