Texas § FI.62.405 - APPROVAL BY COMMISSIONER OF PLAN
Full text of Texas The Texas Constitution § FI.62.405 — APPROVAL BY COMMISSIONER OF PLAN, with citation guidance and answers to common questions.
§ FI.62.405. APPROVAL BY COMMISSIONER OF PLAN
APPROVAL BY COMMISSIONER OF PLAN. (a) If the commissioner approves the plan of merger or consolidation, the commissioner shall issue an order approving the merger or consolidation. (b) If the surviving association is a foreign association, the commissioner shall issue and deliver to the surviving association a certificate of authority to do business as an association in this state for the period expiring on January 31 of the next calendar year. (c) A surviving association that is a domestic association shall operate under: (1) the articles and bylaws of the merging or consolidating domestic association; and (2) the laws applicable to a domestic association. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § FI.62.405
What does The Texas Constitution § FI.62.405 cover?
Section FI.62.405 ("APPROVAL BY COMMISSIONER OF PLAN") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § FI.62.405?
A common citation format is "The Texas Constitution § FI.62.405" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § FI.62.405 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.