Texas Finance Code - Section 126.158. Transfer Of Management Of Rehabilitated Credit Union
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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.
Section: 126.151 126.152 126.153 126.154 126.155 126.156 126.157 126.158 126.159 126.160 126.161 126.201 126.202 126.203 126.204
Last modified: August 11, 2007
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