17-5534. Same; obligations continued and vesting of property title.
17-5534
17-5534. Same; obligations continued and vesting of property title.
All such conversions are hereby ratified and confirmed and all of the
obligations of such an association which has so converted shall continue as
valid and subsisting obligations of such federal savings and loan
association and the title to all of the property of such association shall
be deemed to have continued and vested, as of the date of the issuance of
such federal charter, in such federal savings and loan association, as
fully and completely as if such conversion had taken place since the
enactment of this act pursuant to this section.
History: L. 1943, ch. 133, § 112; July 1.