Tex. Fin. Code § 66.101 · Subchapter C. SUPERVISORY INTERVENTION
INTERVENTION FOR VIOLATIONS AND UNSAFE AND UNSOUND PRACTICES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The commissioner may intervene in the affairs of an association if the association or a person who participates in the affairs of the association or a subsidiary of the association:
(1) engages in or is about to engage in an unsafe and unsound practice in conducting the affairs of the association; or
(2) violates or is about to violate:
(A) the articles of incorporation or bylaws of the association;
(B) a law or supervisory order applicable to the association; or
(C) a condition that the commissioner or the finance commission has imposed on the association by written order or agreement.
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.66.htm
- Text hash
- sha256 25aea59173bba397437e06b1c1b57bac147ae2e9fe75896911fc029aab97d797
- 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 § 66.101. 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.