Texas § 92.453 APPROVAL OF MERGER.

Texas Statutes

§ 92.453 — APPROVAL OF MERGER.

Texas § 92.453

Code FIFinance Code

This text of Texas § 92.453 (APPROVAL OF MERGER.) 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. § 92.453 (2026).

Text

Sec. 92.453. APPROVAL OF MERGER.

(a)The secretary of state shall approve the articles of merger if the secretary of state determines that:

(1)the articles of merger comply with applicable law; and

(2)all fees and franchise taxes due from each corporation have been paid.

(b)The commissioner shall approve the articles of merger if the commissioner determines that:

(1)the articles of merger comply with applicable law; and

(2)the merger is in the best interest of the savings bank.

(c)On approval of the articles of merger, each approving officer shall:

(1)endorse on the original and a copy of the articles of merger the word "filed" and the date of the approval;

(2)file the original and a copy of the articles of merger in the records of the officer's office; and

(3)issue and deliver to

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 92.453. APPROVAL OF MERGER. (a) The secretary of state shall approve the articles of merger if the secretary of state determines that:
(1) the articles of merger comply with applicable law; and
(2) all fees and franchise taxes due from each corporation have been paid.
(b) The commissioner shall approve the articles of merger if the commissioner determines that:
(1) the articles of merger comply with applicable law; and
(2) the merger is in the best interest of the savings bank.
(c) On approval of the articles of merger, each approving officer shall:
(1) endorse on the original and a copy of the articles of merger the word "filed" and the date of the approval;
(2) file the original and a copy of the articles of merger in the records of the officer's office; and
(3) issue and deliver to the savings bank a certificate of merger with an attached copy of the articles of merger.