Continuation of Corporate Existence

Tex. Finance Code § 92.305, under Chapter 92.

Tex. Finance Code § 92.305

Sec. 92.305. CONTINUATION OF CORPORATE EXISTENCE. After another financial institution is converted to a savings bank: (1) the corporate existence of the financial institution continues; and (2) the savings bank is considered to be a continuation of the financial institution that was converted. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.