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Texas Finance Code - Section 126.158. Transfer Of Management Of Rehabilitated Credit Union

Legal Research Home > Texas Laws > Finance Code > Texas Finance Code - Section 126.158. Transfer Of Management Of Rehabilitated Credit Union

§ 126.158. TRANSFER OF MANAGEMENT OF REHABILITATED CREDIT UNION. 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. Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997.

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Last modified: August 11, 2007