Tex. Finance Code § 126.152
GENERAL POWERS OF CONSERVATOR
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 126.152, GENERAL POWERS OF CONSERVATOR, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/646063
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Full text
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.