Tex. Fin. Code § 66.352 · Subchapter H. RECEIVERSHIP OF UNINSURED ASSOCIATIONS

DUTIES OF RECEIVER.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

On appointment, the receiver shall:

(1) immediately take charge of the affairs of the association, subject to the direction of the court; and

(2) conduct the business of the association or act as necessary to conserve the assets and protect the rights of the depositors or creditors and shareholders and members of the association.

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 da2341cf5189ac39812ac2cc10ba4e02907eee335fb89d227ada0519abd0029f
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.