Texas Code § 126.254

POSSESSION, CONSOLIDATION, AND DISPOSITION OF ASSETS
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Sec. 126.254. POSSESSION, CONSOLIDATION, AND DISPOSITION OF ASSETS. The liquidating agent shall:
(1) receive and take possession of the books, records, assets, and property of the credit union;
(2) sell, enforce collection of, and liquidate assets and property; and
(3) sell or assign assets to the liquidating agent subject to Section 126.353 .

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