Texas § FI.185.102 - ORDER OF CONSERVATORSHIP

Full text of Texas The Texas Constitution § FI.185.102 — ORDER OF CONSERVATORSHIP, with citation guidance and answers to common questions.

§ FI.185.102. ORDER OF CONSERVATORSHIP

ORDER OF CONSERVATORSHIP. (a) The banking commissioner by order may appoint a conservator for a state trust company if the banking commissioner determines from examination or other credible evidence that the state trust company is in hazardous condition and immediate and irreparable harm is threatened to the state trust company, its clients, creditors, or shareholders or participants, or the public. (b) The banking commissioner may issue the order without prior notice at any time before, during, or after the period of supervision. (c) An order of conservatorship issued under this section must specifically state the basis for the order. Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § FI.185.102

What does The Texas Constitution § FI.185.102 cover?

Section FI.185.102 ("ORDER OF CONSERVATORSHIP") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Texas § FI.185.102?

A common citation format is "The Texas Constitution § FI.185.102" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Texas law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.

How does Texas § FI.185.102 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Texas.