Texas § FI.62.253 - REVIEW BY COMMISSIONER
Full text of Texas The Texas Constitution § FI.62.253 — REVIEW BY COMMISSIONER, with citation guidance and answers to common questions.
§ FI.62.253. REVIEW BY COMMISSIONER
REVIEW BY COMMISSIONER; APPROVAL. (a) On receipt of an application, the commissioner shall order an examination of the entity to be converted. (b) If the commissioner finds the entity is in sound condition, the commissioner shall: (1) approve the conversion; and (2) insert in the certificate of incorporation, at the end of the paragraph preceding the testimonium clause, the statement "This association is incorporated by conversion from __________ (a federal savings and loan association, state bank, or national bank, as applicable)." Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Frequently Asked Questions About Texas § FI.62.253
What does The Texas Constitution § FI.62.253 cover?
Section FI.62.253 ("REVIEW BY COMMISSIONER") 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.62.253?
A common citation format is "The Texas Constitution § FI.62.253" (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.62.253 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.