Texas Statutes
§ 36.211 — NEW LAWSUIT.
Texas·Code FI Finance Code
Sec. 36.211. NEW LAWSUIT.
(a)Except as otherwise provided by this section, the court in which the receivership proceeding is pending under this subchapter has exclusive jurisdiction to hear and determine all actions or proceedings instituted by or against the bank or receiver after the receivership proceeding begins.
(b)The receiver may file in any jurisdiction an ancillary suit that may be helpful to obtain jurisdiction or venue over a person or property.
(c)Exclusive venue lies in Travis County for an action or proceeding instituted against the receiver or the receiver's employee, including an employee of the department, that asserts personal liability on the part of the receiver or employee.
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Legislative History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Nearby Sections
15
§ 36.001
DEFINITION.§ 36.002
REMEDIES EXCLUSIVE.§ 36.005
SUCCESSION OF TRUST POWERS.§ 36.104
NOTICE OF PENDING DISSOLUTION.§ 36.106
OFFICES TO REMAIN OPEN.§ 36.107
FIDUCIARY ACTIVITIES.§ 36.108
FINAL LIQUIDATION.