Section 92.407 - Merger of Foreign Savings and Loan Association(a) A foreign savings and loan association may merge with a domestic savings bank under this subchapter as if the foreign savings and loan association were a foreign savings bank.(b) If the surviving institution is the foreign savings and loan association, the commissioner shall issue and deliver to the foreign savings and loan association a certificate of authority under Section 92.405 to do business in this state.(c) In this section, "foreign savings and loan association" means a savings and loan association: (1) whose principal office is located outside this state; and(2) that was organized under the law of another state or the law of the United States. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.