Finance Code § 186.002
Courts may not close or suspend a state trust company, or appoint a receiver-like person for it, unless the banking commissioner requests it. A person also may not be designated for those roles without the commissioner’s voluntary approval and concurrence.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
- Official source
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court remedies receivership regulatory approval
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Finance Code § 186.002
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