Texas Finance Code § 62.406 Enforcement Of Condition, Restriction, Or Requirement On Surviving Foreign Association

Sec. 62.406. ENFORCEMENT OF CONDITION, RESTRICTION, OR REQUIREMENT ON SURVIVING FOREIGN ASSOCIATION. 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.

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

Section: Previous  62.353  62.354  62.401  62.402  62.403  62.404  62.405  62.406  62.451  62.452  62.453  62.454  62.455  62.501  62.502  Next

Last modified: September 28, 2016