Texas § 62.254 APPLICABILITY OF SUBTITLE TO CONVERTED ASSOCIATION.

Texas Statutes

§ 62.254 — APPLICABILITY OF SUBTITLE TO CONVERTED ASSOCIATION.

Texas § 62.254

Code FIFinance Code

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Bluebook

Tex. Finance Code Code Ann. § 62.254 (2026).

Text

Sec. 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. SUBCHAPTER G. CONVERSION OF ASSOCIATION TO STATE OR NATIONAL BANK OR STATE OR FEDERAL SAVINGS BANK

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Sec. 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.
SUBCHAPTER G. CONVERSION OF ASSOCIATION TO STATE OR NATIONAL BANK OR STATE OR FEDERAL SAVINGS BANK