Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 182.303 - Approval of Banking Commissioner(a) If the banking commissioner approves the merger and finds that all required filing fees and investigative costs have been paid, the banking commissioner shall: (1) endorse the face of the original and each copy of the certificate of merger with the date of approval and the word "Approved";(2) file the original in the department's records; and(3) deliver a certified copy of the certificate of merger to each surviving, new, or acquiring entity.(b) A merger is effective on the date of approval, unless the merger agreement provides and the banking commissioner consents to a different effective date.Amended by Acts 2013, 83rd Leg. - Regular Session, ch. 575,Sec. 25, eff. 6/14/2013.Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. 9/1/1999.