Texas Finance Code

§ 126.154 — POWER TO REPUDIATE BURDENSOME TRANSACTION

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

FI § 126.154Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part D. CREDIT UNIONS · Ch. 126. CREDIT UNION SUPERVISION AND REGULATION · Art. D. ADMINISTRATION OF CONSERVATORSHIP

Statute text

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The conservator may repudiate a contract or unexpired lease the conservator considers burdensome to the credit union.

Legislative history

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