Tex. Fin. Code § 66.155

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 66.155 - Scope of Authority of Other Persons During Conservatorship

During the conservatorship, a person who participates in the affairs of the association shall act according to the conservator's instructions and may exercise only the authority that the conservator expressly grants.

Tex. Fin. Code § 66.155

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.