Tex. Finance Code § 92.251
This is the official text of Tex. Finance Code § 92.251, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 92.251. CONDITIONS FOR CONVERSION.
Official statutory text
(a) The finance commission by rule shall establish the conditions under which a savings bank may convert to another financial institution.
(b) The rules must ensure that a conversion does not cause undue harm to the public interest or to another existing financial institution.
(b) The rules must ensure that a conversion does not cause undue harm to the public interest or to another existing financial institution.
Status: in_force · Read it on the official government site
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