Texas Statutes
§ 126.254 — POSSESSION, CONSOLIDATION, AND DISPOSITION OF ASSETS.
Texas § 126.254
JurisdictionTexas
Code FIFinance Code
This text of Texas § 126.254 (POSSESSION, CONSOLIDATION, AND DISPOSITION OF ASSETS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Finance Code Code Ann. § 126.254 (2026).
Text
Sec. 126.254. POSSESSION, CONSOLIDATION, AND DISPOSITION OF ASSETS. The liquidating agent shall:
(1)receive and take possession of the books, records, assets, and property of the credit union;
(2)sell, enforce collection of, and liquidate assets and property; and
(3)sell or assign assets to the liquidating agent subject to Section 126.353 .
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Legislative History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 62, Sec. 7.36, eff. Sept. 1, 1999.
Nearby Sections
15
§ 126.002
CONFIDENTIALITY OF INFORMATION.§ 126.051
EXAMINATIONS.§ 126.052
ACCESS TO INFORMATION.§ 126.053
WITNESSES; PRODUCTION OF DOCUMENTS.§ 126.054
REPORT OF EXAMINATION.§ 126.055
FEE.§ 126.102
SERVICE OF ORDER.§ 126.103
EFFECT OF ORDER.§ 126.105
APPEAL OF ORDER; HEARING.§ 126.106
FAILURE TO APPEAL OR APPEAR.§ 126.108
CONFIDENTIALITY; DISCLOSURE.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 126.254, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/126.254.