17-5534

Chapter 17.--CORPORATIONS
Article 55.--SAVINGS AND LOAN CODE; POWERS

      17-5534.   Same; obligations continued and vesting of property title.All such conversions are hereby ratified and confirmed and all of theobligations of such an association which has so converted shall continue asvalid and subsisting obligations of such federal savings and loanassociation and the title to all of the property of such association shallbe deemed to have continued and vested, as of the date of the issuance ofsuch federal charter, in such federal savings and loan association, asfully and completely as if such conversion had taken place since theenactment of this act pursuant to this section.

      History:   L. 1943, ch. 133, § 112; July 1.