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Tex. Finance Code § 62.454

EFFECT OF MERGER

Texas · Texas Finance Code · Status: effective

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Tex. Finance Code § 62.454, EFFECT OF MERGER, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645375
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(a) A merger takes effect on the date the last required certificate of merger is issued. (b) After the merger takes effect: (1) a corporation that was merged ceases to exist; (2) the association assumes the rights and obligations of the corporation and owns the property of the association; and (3) the association's articles of incorporation are considered amended to the extent that a change is stated in the plan of merger.