PROPERTY AND OBLIGATIONS OF CONVERTED SAVINGS BANK.
Tex. FIN Code § 92.259.
in effectThe new financial institution:
(1) retains any property, right, or obligation of the converted savings bank; and
(2) to the extent the provisions can be made applicable, is subject to Sections 92.306-92.308 as if it were a new savings bank.
SUBCHAPTER G. CONVERSION OF OTHER FINANCIAL INSTITUTION TO SAVINGS BANK
