Tex. Finance Code § 126.259

This is the official text of Tex. Finance Code § 126.259, part of Texas’s Finance Code — regulates banks and other financial institutions.

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§ 126.259. JURISDICTION AND VENUE.

Official statutory text

(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.

Status: in_force · Read it on the official government site

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