(a) On receipt of an application, the commissioner shall order an examination of the entity to be converted.
(b) If the commissioner finds the entity is in sound condition, the commissioner shall:
(1) approve the conversion; and
(2) insert in the certificate of incorporation, at the end of the paragraph preceding the testimonium clause, the statement "This association is incorporated by conversion from __________ (a federal savings and loan association, state bank, or national bank, as applicable)."