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(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.
Cite this article: FindLaw.com - Texas Finance Code - FIN § 66.201. Placement of Association Under Voluntary Supervisory Control - last updated April 14, 2021 | https://codes.findlaw.com/tx/finance-code/fin-sect-66-201/
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