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Tex. Finance Code § 126.153

POWERS RELATING TO CLAIMS

Texas · Texas Finance Code · Status: effective

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Tex. Finance Code § 126.153, POWERS RELATING TO CLAIMS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/646064
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The conservator may: (1) determine the existence and amount of claims; (2) allow proved claims of security, preference, or priority; (3) disallow unproved claims of security, preference, or priority; and (4) settle or release a claim in favor of or against the credit union.