Texas Government Code 2104.023 – Conservatorship Powers and Duties
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(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.
Terms Used In Texas Government Code 2104.023
- Contract: A legal written agreement that becomes binding when signed.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
(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).