Texas Finance Code - Section 126.102. Service Of Order
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Texas Laws > Finance Code > Texas Finance Code - Section 126.102. Service Of Order
Section: 126.003 126.051 126.052 126.053 126.054 126.055 126.101 126.102 126.103 126.104 126.105 126.106 126.107 126.108 126.151
§ 126.102. SERVICE OF ORDER. (a) A conservatorship order
must be served personally to an officer or director of the credit
union by the commissioner, the deputy commissioner, or another
person authorized by the commissioner.
(b) Service may be by mail if an officer or director is not
available for service on the date of issuance.
(c) Service by certified or registered mail:
(1) must be addressed to the credit union at the
address shown for its principal office by department records; and
(2) is complete on deposit of the order in a postpaid,
properly addressed wrapper, in a post office or official depository
under the care and custody of the United States Postal Service.
Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997.
Last modified: August 11, 2007