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

Tex. Finance Code § 66.352: DUTIES OF RECEIVER.

Where this section sits in the code

FINANCE CODE
TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
SUBTITLE B. SAVINGS AND LOAN ASSOCIATIONS
CHAPTER 66. ENFORCEMENT AND REGULATION
SUBCHAPTER H. RECEIVERSHIP OF UNINSURED ASSOCIATIONS

On appointment, the receiver shall:

(1) immediately take charge of the affairs of the association, subject to the direction of the court; and

(2) conduct the business of the association or act as necessary to conserve the assets and protect the rights of the depositors or creditors and shareholders and members of the association.

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

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

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