Texas Statutes
§ 122.154 — PROPERTY, OBLIGATIONS, AND LIABILITIES OF MERGED OR CONSOLIDATED CREDIT UNION.
Texas § 122.154
JurisdictionTexas
Code FIFinance Code
This text of Texas § 122.154 (PROPERTY, OBLIGATIONS, AND LIABILITIES OF MERGED OR CONSOLIDATED CREDIT UNION.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Finance Code Code Ann. § 122.154 (2026).
Text
Sec. 122.154. PROPERTY, OBLIGATIONS, AND LIABILITIES OF MERGED OR CONSOLIDATED CREDIT UNION. After a merger or consolidation is effected:
(1)the property of the merged or consolidated credit union vests in the surviving credit union without an instrument of transfer or endorsement; and
(2)the obligations and liabilities of the merged or consolidated credit union are assumed by the surviving credit union.
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Legislative History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Nearby Sections
15
§ 122.001
APPLICATION TO INCORPORATE.§ 122.003
CORPORATE NAME; CRIMINAL PENALTY.§ 122.004
INVESTIGATION BY COMMISSIONER.§ 122.005
PROCEDURE FOR CERTAIN APPROVALS.§ 122.007
APPEAL TO COMMISSION.§ 122.010
DEADLINE FOR COMMENCING BUSINESS.§ 122.012
PLACE OF BUSINESS.§ 122.013
FOREIGN CREDIT UNIONS.§ 122.0131
TEMPORARY FOREIGN CREDIT UNION OFFICE.§ 122.014
UNDERSERVED-AREA CREDIT UNION.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 122.154, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/122.154.