Tex. Fin. Code § 12.106 · Subchapter B. OPERATION OF DEPARTMENT
LIABILITY.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The banking commissioner, a member of the finance commission, a deputy banking commissioner, an examiner, assistant examiner, supervisor, conservator, agent, or other officer or employee of the department, or an agent of the banking commissioner is not personally liable for damages arising from the person's official act or omission unless the act or omission is corrupt or malicious.
(b) The attorney general shall defend an action brought against a person because of an official act or omission under Subsection (a) regardless of whether the defendant has terminated service with the department before the action commences.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 412, Sec. 1.03, eff. Sept. 1, 2001.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.12.htm
- Text hash
- sha256 72130226909b1d8d0c7665e3ed8e601089f25b6e11f77966bc4fcc2fdd97709a
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 4 provisions
Provisions in this library whose text cites Tex. Fin. Code § 12.106. Each shows the citation as that text prints it.
Finance Code
- Tex. Fin. Code § 35.107AUTHORITY OF CONSERVATOR.Printed as Section 12.106
- Tex. Fin. Code § 36.203NATURE AND DURATION OF RECEIVERSHIP.Printed as Section 12.106
- Tex. Fin. Code § 185.107POWERS AND DUTIES OF CONSERVATOR.Printed as Section 12.106
- Tex. Fin. Code § 186.203NATURE AND DURATION OF RECEIVERSHIP.Printed as Section 12.106
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.