Texas § 62.352 CONTINUATION OF CORPORATE EXISTENCE; HOME OFFICE OF SURVIVING ENTITY.

Texas Statutes

§ 62.352 — CONTINUATION OF CORPORATE EXISTENCE; HOME OFFICE OF SURVIVING ENTITY.

Texas § 62.352

Code FIFinance Code

This text of Texas § 62.352 (CONTINUATION OF CORPORATE EXISTENCE; HOME OFFICE OF SURVIVING ENTITY.) 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. § 62.352 (2026).

Text

Sec. 62.352. CONTINUATION OF CORPORATE EXISTENCE; HOME OFFICE OF SURVIVING ENTITY.

(a)An entity that results from a reorganization, merger, or consolidation as provided by Section 62.351 has the same incidents as the reorganized, merged, or consolidated entity in the same manner as an entity that has converted under this chapter has the same incidents as the converting entity.

(b)The home office of the association in the proposed merger that possesses the largest assets is the home office of the surviving entity unless the commissioner approves otherwise.

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Sec. 62.352. CONTINUATION OF CORPORATE EXISTENCE; HOME OFFICE OF SURVIVING ENTITY. (a) An entity that results from a reorganization, merger, or consolidation as provided by Section 62.351 has the same incidents as the reorganized, merged, or consolidated entity in the same manner as an entity that has converted under this chapter has the same incidents as the converting entity.
(b) The home office of the association in the proposed merger that possesses the largest assets is the home office of the surviving entity unless the commissioner approves otherwise.