Tex. Fin. Code § 66.352

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 66.352 - Duties of Receiver

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.

Tex. Fin. Code § 66.352

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