Texas § FI.92.407 - MERGER OF FOREIGN SAVINGS AND LOAN ASSOCIATION
Full text of Texas The Texas Constitution § FI.92.407 — MERGER OF FOREIGN SAVINGS AND LOAN ASSOCIATION, with citation guidance and answers to common questions.
§ FI.92.407. MERGER OF FOREIGN SAVINGS AND LOAN ASSOCIATION
MERGER OF FOREIGN SAVINGS AND LOAN ASSOCIATION. (a) A foreign savings and loan association may merge with a domestic savings bank under this subchapter as if the foreign savings and loan association were a foreign savings bank. (b) If the surviving institution is the foreign savings and loan association, the commissioner shall issue and deliver to the foreign savings and loan association a certificate of authority under Section 92.405 to do business in this state. (c) In this section, "foreign savings and loan association" means a savings and loan association: (1) whose principal office is located outside this state; and (2) that was organized under the law of another state or the law of the United States. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. SUBCHAPTER J. MERGER OF SUBSIDIARY CORPORATION
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § FI.92.407
What does The Texas Constitution § FI.92.407 cover?
Section FI.92.407 ("MERGER OF FOREIGN SAVINGS AND LOAN ASSOCIATION") 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.92.407?
A common citation format is "The Texas Constitution § FI.92.407" (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.92.407 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.