Sec. 2104.023.  CONSERVATORSHIP POWERS AND DUTIES.  (a)  The conservator of a state agency under this subchapter shall ensure that the agency complies with state fiscal management policies.
(b)  The conservator of a state agency under this subchapter, may:
(1)  terminate the employment of any employee whose conduct the conservator determines contributed to the condition that caused the conservatorship;
(2)  employ personnel for the agency;
(3)  change the agency's organization or structure as necessary to alleviate the conditions that caused the conservatorship;  and
(4)  contract with persons for management or administrative services necessary to effect the conservatorship.
(c)  The conservator may delegate any part of the conservator's powers or duties as conservator other than rulemaking authority to a person with whom the conservator contracts under Subsection (b)(4).
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.  Amended by Acts 1999, 76th Leg., ch. 237, Sec. 1, eff. May 28, 1999.