126.102 – SERVICE OF ORDER. (a) A conservatorship order
Texas Finance Code § 126.102
Summary
This law outlines the procedure for serving a conservatorship order to credit union officers or directors. It mandates personal service by authorized individuals, with provisions for certified mail if personal service is not possible.
Conservatorship orders must be served personally to credit union officers.
Authorized individuals can serve the order, including the commissioner.
If personal service fails, certified mail is an acceptable alternative.
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In simple terms: Learn about Texas's SERVICE OF ORDER. (a) A conservatorship order law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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