Tex. Fin. Code § 126.158

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 126.158 - Transfer of Management of Rehabilitated Credit Union

If the credit union is rehabilitated, the conservator shall return the management of the credit union to the board under terms that are reasonable and necessary to prevent a recurrence of the conditions that created the need for conservatorship.

Tex. Fin. Code § 126.158

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