Texas Statutes (Last Updated: January 4, 2014) |
FINANCE CODE |
Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES |
Subtitle B. SAVINGS AND LOAN ASSOCIATIONS |
Chapter 62. ORGANIZATIONAL AND FINANCIAL REQUIREMENTS |
Subchapter E. CONVERSION TO FEDERAL ASSOCIATION |
Sec. 62.206. FILING OF CHARTER OR CERTIFICATE
Latest version.
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(a) The converted association shall file with the commissioner:
(1) a copy of the charter issued to the federal association by the Office of Thrift Supervision; or
(2) a certificate showing the organization of the association as a federal association, certified by the secretary or assistant secretary of the Office of Thrift Supervision.
(b) Failure to file a required instrument with the commissioner does not affect the validity of the conversion.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.