Tex. Finance Code § 36.311
This is the official text of Tex. Finance Code § 36.311, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 36.311. PRIORITY OF CLAIMS AGAINST INSURED BANK.
Official statutory text
The distribution of assets from the estate of a bank the deposits of which are insured by the Federal Deposit Insurance Corporation or its successor shall be made in the same order of priority as assets would be distributed on liquidation or purchase of assets and assumption of liabilities of a national bank under federal law.
Status: in_force · Read it on the official government site
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