Tex. Finance Code § 156.103
This is the official text of Tex. Finance Code § 156.103, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 156.103. POWERS OF COMMISSIONER.
Official statutory text
(a) In addition to any other action, proceeding, or remedy authorized by law, the commissioner may institute an action in the commissioner's name to enjoin a violation of this chapter or a rule adopted under this chapter. To sustain an action filed under this subsection, it is not necessary to allege or prove that an adequate remedy at law does not exist or that substantial or irreparable damage would result from a continued violation of this chapter.
(b) The commissioner is not required to provide an appeal bond in any action or proceeding to enforce this chapter.
(c) The commissioner may authorize specific employees to conduct hearings and make recommendations for final decisions in contested cases.
(b) The commissioner is not required to provide an appeal bond in any action or proceeding to enforce this chapter.
(c) The commissioner may authorize specific employees to conduct hearings and make recommendations for final decisions in contested cases.
Status: in_force · Read it on the official government site
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