Tex. Finance Code § 126.106
This is the official text of Tex. Finance Code § 126.106, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 126.106. FAILURE TO APPEAL OR APPEAR.
Official statutory text
If the board does not appeal the conservatorship order or fails to appear at the hearing provided for by Section 126.105, the credit union is presumed to have consented to the commissioner's disposition action, and the commissioner may dispose of the conservatorship matter as the commissioner considers appropriate.
Status: in_force · Read it on the official government site
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