Texas Statutes
Subchapter J. Merger of Subsidiary Corporation
Section 92.451. Authority to Merge

Sec. 92.451. AUTHORITY TO MERGE. One or more corporations organized under the law of this state may merge into a savings bank that owns all the corporations' capital stock if:
(1) the board of the savings bank and each corporation by majority vote adopt a plan of merger; and
(2) the secretary of state and the commissioner approve the merger.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.