Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 126.106: FAILURE TO APPEAL OR APPEAR.

Where this section sits in the code

FINANCE CODE
TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
SUBTITLE D. CREDIT UNIONS
CHAPTER 126. CREDIT UNION SUPERVISION AND REGULATION
SUBCHAPTER C. CONSERVATORSHIP ORDER

If the board does not appeal the conservatorship order or fails to appear at the hearing provided for by Section 126.105, the credit union is presumed to have consented to the commissioner's disposition action, and the commissioner may dispose of the conservatorship matter as the commissioner considers appropriate.

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Amended by:

Acts 2013, 83rd Leg., R.S., Ch. 19 (S.B. 244), Sec. 22, eff. September 1, 2013.

Collected 2026-08-27T01:47:13Z. Source file · JSON

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