Tex. Finance Code § 126.152
This is the official text of Tex. Finance Code § 126.152, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 126.152. GENERAL POWERS OF CONSERVATOR.
Official statutory text
The conservator may:
(1) take possession and control of the books, records, property, assets, and business of the credit union;
(2) conduct the business and affairs of the credit union;
(3) sell or assign assets to the conservator; and
(4) perform any other action as necessary in connection with the conservatorship.
(1) take possession and control of the books, records, property, assets, and business of the credit union;
(2) conduct the business and affairs of the credit union;
(3) sell or assign assets to the conservator; and
(4) perform any other action as necessary in connection with the conservatorship.
Status: in_force · Read it on the official government site
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