Tex. Fin. Code § 36.002 · Subchapter A. GENERAL PROVISIONS
REMEDIES EXCLUSIVE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Unless the banking commissioner so requests, a court may not:
(1) order the closing or suspension of operation of a state bank; or
(2) appoint for a state bank a receiver, supervisor, conservator, liquidator, or other person with similar responsibility.
(b) A person may not be designated a receiver, supervisor, conservator, or liquidator without the voluntary approval of the banking commissioner.
(c) This chapter prevails over any conflicting law of this state.
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.36.htm
- Text hash
- sha256 3a519976651e165be3a1703df72d67c8270668cfcd244477408ac960b58b12c9
- 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.