Tex. Fin. Code § 36.213 · Subchapter C. INVOLUNTARY DISSOLUTION AND LIQUIDATION
INJUNCTION IN AID OF LIQUIDATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) On application by the receiver, the court with or without notice may issue an injunction:
(1) restraining a bank officer, director, shareholder, trustee, agent, servant, employee, attorney, attorney-in-fact, correspondent, or other person from transacting the bank's business or wasting or disposing of its property; or
(2) requiring the delivery of the bank's property or assets to the receiver subject to the further order of the court.
(b) At any time during a proceeding under this subchapter, the court may issue another injunction or order considered necessary or desirable to prevent:
(1) interference with the receiver or the proceeding;
(2) waste of the assets of the bank;
(3) the beginning or prosecution of an action;
(4) the obtaining of a preference, judgment, attachment, garnishment, or other lien; or
(5) the making of a levy against the bank or its assets.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 237 (H.B. 1962), Sec. 57, eff. September 1, 2007.
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 26aad71ad4549e0b2bea86355813c5a00d3cd8f50f2226b4daf8af8f103d33da
- 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.