Tex. Fin. Code § 126.259 · Subchapter F. ADMINISTRATION OF LIQUIDATION
JURISDICTION AND VENUE.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A suit against a credit union or its liquidating agent while a liquidation order is in effect must be brought in Travis County.
(b) The liquidating agent may file suit in Travis County to preserve, protect, or recover the credit union's assets or property.
(c) An asset or property of the credit union includes a claim or cause of action that belongs to or that may be asserted by the credit union.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
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 a3d346c49445ad202a7820fa8fa3c1858d5d526287626affe06a8e6d044e9b34
- 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.