Texas § 66.101 INTERVENTION FOR VIOLATIONS AND UNSAFE AND UNSOUND PRACTICES.

Texas Statutes

§ 66.101 — INTERVENTION FOR VIOLATIONS AND UNSAFE AND UNSOUND PRACTICES.

Texas § 66.101

Code FIFinance Code

This text of Texas § 66.101 (INTERVENTION FOR VIOLATIONS AND UNSAFE AND UNSOUND PRACTICES.) 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. § 66.101 (2026).

Text

Sec. 66.101. INTERVENTION FOR VIOLATIONS AND UNSAFE AND UNSOUND PRACTICES. The commissioner may intervene in the affairs of an association if the association or a person who participates in the affairs of the association or a subsidiary of the association:

(1)engages in or is about to engage in an unsafe and unsound practice in conducting the affairs of the association; or

(2)violates or is about to violate:

(A)the articles of incorporation or bylaws of the association;

(B)a law or supervisory order applicable to the association; or

(C)a condition that the commissioner or the finance commission has imposed on the association by written order or agreement.

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Sec. 66.101. INTERVENTION FOR VIOLATIONS AND UNSAFE AND UNSOUND PRACTICES. The commissioner may intervene in the affairs of an association if the association or a person who participates in the affairs of the association or a subsidiary of the association:
(1) engages in or is about to engage in an unsafe and unsound practice in conducting the affairs of the association; or
(2) violates or is about to violate:
(A) the articles of incorporation or bylaws of the association;
(B) a law or supervisory order applicable to the association; or
(C) a condition that the commissioner or the finance commission has imposed on the association by written order or agreement.