Texas Statutes (Last Updated: January 4, 2014) |
FINANCE CODE |
Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES |
Subtitle C. SAVINGS BANKS |
Chapter 96. SUPERVISION AND REGULATION |
Subchapter D. CONSERVATORSHIP |
Sec. 96.151. PLACEMENT OF SAVINGS BANK UNDER CONSERVATORSHIP
Latest version.
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If the commissioner does not approve a plan to continue the operation of a savings bank under Section 96.108, the conservator shall continue to manage the affairs of the savings bank unless the temporary conservatorship order is modified or vacated:
(1) by order of the commissioner; or
(2) as a result of judicial review.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.