Tex. Fin. Code § 66.201 · Subchapter E. VOLUNTARY SUPERVISORY CONTROL
PLACEMENT OF ASSOCIATION UNDER VOLUNTARY SUPERVISORY CONTROL.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An association's board may consent to the commissioner's placement of the association under supervisory control.
(b) The commissioner may appoint the supervisor and one or more deputy supervisors.
(c) Supervisory control continues until the conditions for which the supervisory control was imposed are corrected.
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 a6558daa9069867e9589251f5f8508d673327dfd10fc3716dc0886614475d2ee
- 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.