Texas Finance Code - FIN § 66.103. Intervention for Activity Resulting in Actual or Potential Loss

(1) a fraudulent or criminal act in conducting the affairs that may cause the association or a subsidiary of the association to become or be in danger of becoming insolvent;

(2) an act that threatens immediate or irreparable harm to the public or the association, a subsidiary of the association, or the account holders or creditors of the association; or

(3) a breach of fiduciary duty that results in actual or probable substantial financial losses or other damages to the association or a subsidiary of the association or that would seriously prejudice the interest of savings account holders or holders of other security issued by the association.

(1) is insolvent;

(2) is in imminent danger of insolvency; or

(3) makes or is about to make: