Tex. Finance Code § 126.254
This is the official text of Tex. Finance Code § 126.254, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 126.254. POSSESSION, CONSOLIDATION, AND DISPOSITION OF ASSETS.
Official statutory text
The liquidating agent shall:
(1) receive and take possession of the books, records, assets, and property of the credit union;
(2) sell, enforce collection of, and liquidate assets and property; and
(3) sell or assign assets to the liquidating agent subject to Section 126.353.
(1) receive and take possession of the books, records, assets, and property of the credit union;
(2) sell, enforce collection of, and liquidate assets and property; and
(3) sell or assign assets to the liquidating agent subject to Section 126.353.
Status: in_force · Read it on the official government site
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