Tex. Finance Code § 185.111
This is the official text of Tex. Finance Code § 185.111, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 185.111. SUIT FILED AGAINST OR ON BEHALF OF STATE TRUST COMPANY UNDER SUPERVISION OR CONSERVATORSHIP.
Official statutory text
(a) A suit filed against a state trust company while the state trust company is under conservatorship, or against a person in connection with an action taken or decision made by that person as a supervisor or conservator of a state trust company, must be brought in Travis County regardless of whether the state trust company remains under an order of supervision or conservatorship.
(b) A conservator may sue a person on the trust company's behalf to preserve, protect, or recover state trust company assets, including claims or causes of action. The suit may be in:
(1) Travis County; or
(2) another location where jurisdiction and venue against that person may be obtained under law.
(b) A conservator may sue a person on the trust company's behalf to preserve, protect, or recover state trust company assets, including claims or causes of action. The suit may be in:
(1) Travis County; or
(2) another location where jurisdiction and venue against that person may be obtained under law.
Status: in_force · Read it on the official government site
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