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Tex. Finance Code § 96.154

TRANSFER OF MANAGEMENT OF REHABILITATED SAVINGS BANK

Texas · Texas Finance Code · Status: effective

Banking, Finance & Insurance
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Tex. Finance Code § 96.154, TRANSFER OF MANAGEMENT OF REHABILITATED SAVINGS BANK, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645763
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If the savings bank is rehabilitated to the satisfaction of the commissioner, the conservator shall return the management of the savings bank to the savings bank's board under terms that are reasonable and necessary to prevent a recurrence of the conditions that created the need for conservatorship.