Sec. 62.452. ARTICLES OF MERGER    


Latest version.
  • (a) The articles of merger must:

    (1) be executed by the president or vice president and a secretary or assistant secretary of the association and each corporation; and

    (2) include:

    (A) the name of the association and each corporation;

    (B) a copy of the resolution of the association and each corporation adopting the plan of merger;

    (C) a statement of the number of shares of each class issued or authorized by each corporation;

    (D) a statement that all capital stock of each corporation is owned by the association; and

    (E) a statement incorporating the provisions of Section 62.454(b).

    (b) An original and a copy of the articles of merger shall be submitted to the secretary of state and the commissioner.

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.