Texas Statutes
§ 35.113 — ADMINISTRATIVE ELECTION OF REMEDIES.
Texas § 35.113
JurisdictionTexas
Code FIFinance Code
This text of Texas § 35.113 (ADMINISTRATIVE ELECTION OF REMEDIES.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Finance Code Code Ann. § 35.113 (2026).
Text
Sec. 35.113. ADMINISTRATIVE ELECTION OF REMEDIES. The banking commissioner may take any action authorized by Chapter 36 regardless of the existence of supervision or conservatorship. A period of supervision or conservatorship is not required before a bank is closed for liquidation or other remedial action is taken.
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Legislative History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Nearby Sections
15
§ 35.0001
APPLICABILITY TO BANK SUBSIDIARIES.§ 35.001
DETERMINATION LETTER.§ 35.002
CEASE AND DESIST ORDER.§ 35.003
REMOVAL OR PROHIBITION ORDER.§ 35.004
HEARING ON PROPOSED ORDER.§ 35.005
EMERGENCY ORDER.§ 35.008
LIMITATION ON ACTION.§ 35.009
ENFORCEMENT BY COMMISSIONER.§ 35.010
ADMINISTRATIVE PENALTY.§ 35.012
CONFIDENTIALITY OF RECORDS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 35.113, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/FI/35.113.