Tex. Finance Code § 36.002
This is the official text of Tex. Finance Code § 36.002, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 36.002. REMEDIES EXCLUSIVE.
Official statutory text
(a) Unless the banking commissioner so requests, a court may not:
(1) order the closing or suspension of operation of a state bank; or
(2) appoint for a state bank a receiver, supervisor, conservator, liquidator, or other person with similar responsibility.
(b) A person may not be designated a receiver, supervisor, conservator, or liquidator without the voluntary approval of the banking commissioner.
(c) This chapter prevails over any conflicting law of this state.
(1) order the closing or suspension of operation of a state bank; or
(2) appoint for a state bank a receiver, supervisor, conservator, liquidator, or other person with similar responsibility.
(b) A person may not be designated a receiver, supervisor, conservator, or liquidator without the voluntary approval of the banking commissioner.
(c) This chapter prevails over any conflicting law of this state.
Status: in_force · Read it on the official government site
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