Scope of Authority of Other Persons During Conservatorship

Tex. Finance Code § 66.155, under Chapter 66.

Tex. Finance Code § 66.155

Sec. 66.155. SCOPE OF AUTHORITY OF OTHER PERSONS DURING CONSERVATORSHIP. During the conservatorship, a person who participates in the affairs of the association shall act according to the conservator's instructions and may exercise only the authority that the conservator expressly grants. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.