Section 273.404 - Purchase of Interest in Assets(a) The corporation shall purchase from a member association under conservatorship an interest in the association's assets at a price agreed to by the conservator and the board, regardless of whether the price exceeds the market value of the purchased assets.(b) A purchase must be made on the terms the board determines. The commissioner must approve the terms of the purchase in writing. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.