Sec. 826.202.  COMMISSIONER POWERS AND DUTIES;  APPROVAL.  (a)  The commissioner shall review the proposed plan of reorganization as an alternate conversion plan under Section 826.061.  The commissioner may require as a condition of approval modifications of the proposed plan of reorganization that the commissioner determines necessary to protect the members' interests.
(b)  The commissioner may retain a qualified expert as provided by Section 826.102(e).
(c)  The commissioner has jurisdiction over a mutual holding company organized under this subchapter to ensure that member interests are protected.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.