Texas Finance Code 62.254 – Applicability of Subtitle to Converted Association
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(a) To the extent applicable, this subtitle applies to an association incorporated under this subchapter.
(b) An association incorporated under this subchapter:
(1) is a continuation of the entity that was converted; and
(2) has the property and rights of that entity.
Terms Used In Texas Finance Code 62.254
- Property: means real and personal property. See Texas Government Code 311.005