The conservator may repudiate a contract or unexpired lease the conservator considers burdensome to the credit union.
Tex. Fin. Code § 126.154
POWER TO REPUDIATE BURDENSOME TRANSACTION
Known as the Texas Credit Union Act
The act spans §§ 121.001 to 149.002 (219 sections).
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.