Tex. Fin. Code § 185.113 · Subchapter B. SUPERVISION AND CONSERVATORSHIP
ADMINISTRATIVE ELECTION OF REMEDIES.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
The banking commissioner may take any action authorized under Chapter 186 regardless of the existence of supervision or conservatorship. A period of supervision or conservatorship is not required before a trust company is closed for liquidation or other remedial action is taken.
Notes and commentary — not statutory text
History
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.185.htm
- Text hash
- sha256 4e38d1174b9998af95c4a2e42d2cceac8ff576c22920ddc41c38add1c8364d20
- 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
This section cites
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