Tex. Fin. Code § 126.153 · Subchapter D. ADMINISTRATION OF CONSERVATORSHIP
POWERS RELATING TO CLAIMS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The conservator may:
(1) determine the existence and amount of claims;
(2) allow proved claims of security, preference, or priority;
(3) disallow unproved claims of security, preference, or priority; and
(4) settle or release a claim in favor of or against the credit union.
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 86982e9b5baa5569fc20758d7dc55e26383d2f58b813b938ac2458c7d0b3657a
- 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
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.