Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 126.152 - General Powers of Conservator
The conservator may:
(1) take possession and control of the books, records, property, assets, and business of the credit union;(2) conduct the business and affairs of the credit union;(3) sell or assign assets to the conservator; and(4) perform any other action as necessary in connection with the conservatorship.
Tex. Fin. Code § 126.152
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.