Texas Statutes
Subchapter D. Administration of Conservatorship
Section 126.152. General Powers of Conservator

Sec. 126.152. GENERAL POWERS OF CONSERVATOR. 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.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

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