Tex. Fin. Code § 62.254

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 62.254 - Applicability of Subtitle to Converted Association

(a) To the extent applicable, this subtitle applies to an association incorporated under this subchapter.

(b) An association incorporated under this subchapter:

(1) is a continuation of the entity that was converted; and

(2) has the property and rights of that entity.

Tex. Fin. Code § 62.254

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.