Sec. 66.101.  INTERVENTION FOR VIOLATIONS AND UNSAFE AND UNSOUND PRACTICES.  The commissioner may intervene in the affairs of an association if the association or a person who participates in the affairs of the association or a subsidiary of the association:
(1)  engages in or is about to engage in an unsafe and unsound practice in conducting the affairs of the association;  or
(2)  violates or is about to violate:
(A)  the articles of incorporation or bylaws of the association;
(B)  a law or supervisory order applicable to the association;  or
(C)  a condition that the commissioner or the finance commission has imposed on the association by written order or agreement.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.