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Texas Finance Code - Section 92.251. Conditions For Conversion

Legal Research Home > Texas Lawyer > Finance Code > Texas Finance Code - Section 92.251. Conditions For Conversion


§ 92.251. CONDITIONS FOR CONVERSION.  (a) The finance 
commission by rule shall establish the conditions under which a 
savings bank may convert to another financial institution.
	(b)  The rules must ensure that a conversion does not cause 
undue harm to the public interest or to another existing financial 
institution.

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

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Last modified: August 10, 2007