Tex. Fin. Code § 126.158 · Subchapter D. ADMINISTRATION OF CONSERVATORSHIP
TRANSFER OF MANAGEMENT OF REHABILITATED CREDIT UNION.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
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.
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 f8311aa064c386d7bf60c0a660522adbb732f0f74a99bf05b7b2da0dbaa89519
- 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.