Tex. Fin. Code § 126.152 · Subchapter D. ADMINISTRATION OF CONSERVATORSHIP
GENERAL POWERS OF CONSERVATOR.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The conservator may:
(1) take possession and control of the books, records, property, assets, and business of the credit union;
(2) conduct the business and affairs of the credit union;
(3) sell or assign assets to the conservator; and
(4) perform any other action as necessary in connection with the conservatorship.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.126.htm
- Text hash
- sha256 944bff614b54d9c30267c243efb61a6bf1b95d086f48f66ca76f2b497687166c
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
Provisions in this library whose text cites Tex. Fin. Code § 126.152. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.