Chapter 62
Organizational and Financial Requirements

Sections

62.001
Application to Incorporate
62.002
Additional Incorporation Requirements for Capital Stock Association
62.003
Additional Incorporation Requirements for Mutual Association
62.004
Approval of Managing Officer
62.005
Corporate Name
62.006
Hearing on Application to Incorporate
62.007
Decision on Application to Incorporate; Issuance of Certificate of Incorporation
62.008
Preference for Local Control
62.009
Deadline for Commencing Business
62.010
Amendment of Articles of Incorporation or Bylaws
62.011
Change of Office or Name
62.051
Purpose of Incorporation
62.052
Incorporation Requirements
62.053
Decision on Application; Issuance of Certificate of Incorporation
62.101
Organizational Meeting
62.102
Board of Directors
62.104
Officers
62.105
Indemnity Bonds of Directors, Officers, and Employees
62.106
Meetings of Members and Shareholders
62.107
Voting Rights
62.151
Computation of Income; Statement of Condition
62.152
Minimum Net Worth Requirement
62.153
Insurance of Savings Accounts
62.154
Limitation on Issuance of Securities
62.155
Common Stock
62.156
Preferred Stock
62.157
Series and Classes of Preferred Stock
62.158
Dividends on Capital Stock
62.159
Use of Surplus Accounts and Expense Fund Contributions
62.160
Use of Expense Fund Contributions
62.201
Conditions for Conversion
62.202
Application to Convert
62.203
Review by Commissioner; Approval
62.204
Hearing on Application
62.205
Consummation of Conversion
62.206
Filing of Charter or Certificate
62.207
Effect of Issuance of Charter
62.208
Continuation of Corporate Existence
62.209
Property and Obligations of Converted Association
62.251
Application to Convert
62.252
Election of Directors; Execution and Acknowledgment of Application and Bylaws
62.253
Review by Commissioner; Approval
62.254
Applicability of Subtitle to Converted Association
62.301
Application to Convert to State Savings Bank
62.302
Application to Convert to State or National Bank or State or Federal Savings Bank
62.303
Review by Commissioner; Approval
62.304
Filing of Charter or Certificate
62.305
Effect of Approval of Application and Issuance of Charter
62.306
Continuation of Corporate Existence
62.307
Property and Obligations of Converted Association
62.351
Authority to Reorganize, Merge, or Consolidate
62.352
Continuation of Corporate Existence; Home Office of Surviving Entity
62.353
Notice and Hearing; Confidentiality
62.354
Denial by Commissioner of Plan
62.401
Applicability of Subchapter
62.402
Adoption of Merger or Consolidation Plan
62.403
Notice and Hearing; Confidentiality
62.404
Denial by Commissioner of Application
62.405
Approval by Commissioner of Plan
62.406
Enforcement of Condition, Restriction, or Requirement on Surviving Foreign Association
62.451
Authority to Merge
62.452
Articles of Merger
62.453
Approval of Merger
62.454
Effect of Merger
62.455
Inapplicability of Subchapter H
62.501
Resolution to Liquidate and Dissolve; Approval by Commissioner
62.502
Distribution of Assets
62.503
Final Report and Accounting
62.551
Inapplicability of Subchapter
62.552
Effect of Subchapter on Other Law
62.553
Application for Change of Control
62.554
Application Filing Fee
62.555
Denial of Application
62.556
Appeal to Commissioner of Denial
62.557
Judicial Review
62.558
Unauthorized Change of Control
62.559
Confidentiality
62.560
Injunction
62.561
Criminal Penalty

Accessed:
May 4, 2024