Tex. Fin. Code § 92.257

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 92.257 - Effect of Issuance of Charter

On the issuance of a charter by the appropriate banking agency, the savings bank:

(1) ceases to be a savings bank incorporated under this subtitle; and

(2) is not subject to the supervision and control of the commissioner under this subtitle.

Tex. Fin. Code § 92.257

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.