Tex. Fin. Code Section 66.201
Placement of Association Under Voluntary Supervisory Control


(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.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Source: Section 66.201 — Placement of Association Under Voluntary Supervisory Control, https://statutes.­capitol.­texas.­gov/Docs/FI/htm/FI.­66.­htm#66.­201 (accessed May 11, 2024).

66.001
General Duties
66.002
Adoption of Rules
66.051
Examinations
66.052
Additional Examinations
66.053
Access to Books and Records
66.054
Subpoena
66.101
Intervention for Violations and Unsafe and Unsound Practices
66.102
Intervention for Filing Inappropriate Information
66.103
Intervention for Activity Resulting in Actual or Potential Loss
66.104
Intervention Relating to Examination of Affairs
66.105
Temporary Supervisory Order
66.106
Service of Temporary Supervisory Order
66.107
Hearing on Temporary Supervisory Order
66.108
Plan of Operation of Association After Order of Temporary Conservatorship
66.109
Enforcement of Supervisory Order
66.110
Stay of Supervisory Order
66.111
Disclosure of Information in Supervisory Order
66.151
Placement of Association Under Conservatorship
66.152
Duties of Conservator
66.153
Term of Conservator
66.154
Transfer of Management of Rehabilitated Association
66.155
Scope of Authority of Other Persons During Conservatorship
66.156
Cost of Conservatorship
66.157
Venue
66.201
Placement of Association Under Voluntary Supervisory Control
66.202
Powers of Supervisors
66.203
Cost of Supervisory Control
66.251
Closing of Association by Board Resolution
66.252
Closing of Association by Commissioner’s Order
66.253
Notice of Closing
66.254
Effect of Closing
66.255
Hearing on Commissioner’s Order
66.301
Liquidation of Association
66.302
Removal or Replacement of Liquidating Agent
66.303
Duties of Liquidating Agent
66.304
Notice
66.305
Presentation of Claim
66.306
Priority of Claims
66.307
Action on Claim
66.308
Hearing on Claim
66.309
Payment of Final Dividend
66.310
Deposit of Money by Liquidating Agent
66.311
Payment of Nonclaiming Depositors and Creditors
66.312
Cost of Liquidation
66.313
Final Report
66.314
Continued Existence of Association Following Liquidation
66.315
Special Liquidating Agent
66.316
Closing of Liquidation
66.317
Administrative Procedure
66.351
Placement of Certain Associations in Receivership
66.352
Duties of Receiver
66.353
Compensation of Receiver
66.354
Effect of Receivership on Commissioner and Liquidating Agent
66.355
Receipt of Items as Evidence in Receivership Proceeding
66.356
Title and Custody of Association’s Assets
66.401
Derivative Suit
66.402
Payment of Insured Deposit Liabilities by Fdic
66.403
Enforceability of Loan Promise or Agreement Made by Association Before Conservatorship or Supervisory Control

Accessed:
May 11, 2024

§ 66.201’s source at texas​.gov