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Tex. Finance Code § 126.158

TRANSFER OF MANAGEMENT OF REHABILITATED CREDIT UNION

Texas · Texas Finance Code · Status: effective

Banking, Finance & Insurance
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Tex. Finance Code § 126.158, TRANSFER OF MANAGEMENT OF REHABILITATED CREDIT UNION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/646069
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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.