Sec. 96.151. PLACEMENT OF SAVINGS BANK UNDER CONSERVATORSHIP    


Latest version.
  • 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.