GroundRules
← Search the law
Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 126.158: TRANSFER OF MANAGEMENT OF REHABILITATED CREDIT UNION.

Read at publisher ↗
Where this section sits in the code
  1. FINANCE CODE
  2. TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
  3. SUBTITLE D. CREDIT UNIONS
  4. CHAPTER 126. CREDIT UNION SUPERVISION AND REGULATION
  5. SUBCHAPTER D. ADMINISTRATION OF CONSERVATORSHIP

If the credit union is rehabilitated, the conservator shall return the management of the credit union to the board under terms that are reasonable and necessary to prevent a recurrence of the conditions that created the need for conservatorship.

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

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

Browse this collection