Finance Code › Title 3 › Chapter 66 › Subchapter D

Texas Finance Code § 66.154

Transfer of Management of Rehabilitated Association

Enforcement and Regulation · Conservatorship

If the association is rehabilitated, the conservator shall return the management of the association to the association's board under terms that are reasonable and necessary to prevent a recurrence of the conditions that created the need for the conservatorship.

Official text of the Texas Finance Code as published by the Texas Legislative Council.

Official source
Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.