Tex. Finance Code § 342.161
This is the official text of Tex. Finance Code § 342.161, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 342.161. EFFECT OF LICENSE SUSPENSION, REVOCATION, OR SURRENDER.
Official statutory text
(a) The suspension, revocation, or surrender of a license issued under this chapter does not affect the obligation of a contract between the license holder and a debtor entered into before the revocation, suspension, or surrender.
(b) Surrender of a license does not affect the license holder's civil or criminal liability for an act committed before surrender.
(b) Surrender of a license does not affect the license holder's civil or criminal liability for an act committed before surrender.
Status: in_force · Read it on the official government site
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