Tex. Finance Code § 66.201
This is the official text of Tex. Finance Code § 66.201, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 66.201. PLACEMENT OF ASSOCIATION UNDER VOLUNTARY SUPERVISORY CONTROL.
Official statutory text
(a) An association's board may consent to the commissioner's placement of the association under supervisory control.
(b) The commissioner may appoint the supervisor and one or more deputy supervisors.
(c) Supervisory control continues until the conditions for which the supervisory control was imposed are corrected.
(b) The commissioner may appoint the supervisor and one or more deputy supervisors.
(c) Supervisory control continues until the conditions for which the supervisory control was imposed are corrected.
Status: in_force · Read it on the official government site
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