Tex. Fin. Code § 126.053 · Subchapter B. EXAMINATIONS
WITNESSES; PRODUCTION OF DOCUMENTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) In an examination conducted under this subchapter, the commissioner or the commissioner's designee may:
(1) subpoena witnesses;
(2) administer an oath or affirmation to a person, including any officer, director, agent, or employee of a credit union, and examine the person under oath or affirmation on any subject the commissioner considers pertinent to the financial condition or the safety and soundness of the activities of a credit union; or
(3) require and compel by subpoena the production of documents that are not voluntarily produced, including books, papers, securities, and records.
(b) The commissioner may apply to a district court in Travis County for an order requiring a person to obey a subpoena, to appear, or to answer questions in connection with the examination or investigation.
(c) The court shall issue an order under Subsection (b) if the court finds good cause to issue the subpoena or to take testimony.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2003, 78th Leg., ch. 533, Sec. 47, eff. Sept. 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.126.htm
- Text hash
- sha256 e780e0327e43fbe298be703e986572568d63f7cb519cea6d5db327ce2431a626
- 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
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.