Finance Code › Title 3 › Chapter 62 › Subchapter I

Texas Finance Code § 62.406

Enforcement of Condition, Restriction, or Requirement on Surviving Foreign Association

Organizational and Financial Requirements · Additional Provisions for Merger or Consolidation of Domestic and Foreign Associations

If the surviving association is a foreign association, the commissioner may enforce a condition, restriction, or requirement on the surviving association that could have been enforced by the state in which the foreign association has its principal place of business if the merger or consolidation had occurred in that state and the surviving association were a domestic association.

Official text of the Texas Finance Code as published by the Texas Legislative Council.

Official source
Legislative history

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