Continuation of Corporate Existence

Tex. Finance Code § 62.306, under Chapter 62.

Tex. Finance Code § 62.306

Sec. 62.306. CONTINUATION OF CORPORATE EXISTENCE. After an association is converted to a bank or savings bank: (1) the corporate existence of the association continues; and (2) the bank or savings bank is considered to be a continuation of the association that was converted. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.