Continuation of Corporate Existence

Tex. Finance Code § 92.258, under Chapter 92.

Tex. Finance Code § 92.258

Sec. 92.258. CONTINUATION OF CORPORATE EXISTENCE. After a savings bank is converted to another financial institution: (1) the corporate existence of the savings bank continues; and (2) the new financial institution is considered to be a continuation of the savings bank that was converted. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.