Finance Code › Title 3 › Chapter 96 › Subchapter D

Texas Finance Code § 96.154

Transfer of Management of Rehabilitated Savings Bank

Supervision and Regulation · Conservatorship

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