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Texas Finance Code - FIN § 96.201. Placement of Savings Bank Under Voluntary Supervisory Control

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) A savings bank's board may consent to the commissioner's placement of the savings bank 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.

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Cite this article: FindLaw.com - Texas Finance Code - FIN § 96.201. Placement of Savings Bank Under Voluntary Supervisory Control - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-96-201/

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