Texas § GV.2257.108 - NOTICE OF COLLATERAL VIOLATION
Full text of Texas The Texas Constitution § GV.2257.108 — NOTICE OF COLLATERAL VIOLATION, with citation guidance and answers to common questions.
§ GV.2257.108. NOTICE OF COLLATERAL VIOLATION
NOTICE OF COLLATERAL VIOLATION; ADMINISTRATIVE PENALTY. (a) The comptroller may issue a notice to a participating institution that the institution appears to be in violation of collateral requirements under Section 2257.104 and rules of the comptroller. (b) The comptroller may impose an administrative penalty against a participating institution that does not maintain collateral in an amount and in the manner required by Section 2257.104 and rules of the comptroller if the participating institution has not remedied the violation before the third business day after the date a notice is issued under Subsection (a). Added by Acts 2009, 81st Leg., R.S., Ch. 486 (S.B. 638 ), Sec. 1, eff. September 1, 2009.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.2257.108
What does The Texas Constitution § GV.2257.108 cover?
Section GV.2257.108 ("NOTICE OF COLLATERAL VIOLATION") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § GV.2257.108?
A common citation format is "The Texas Constitution § GV.2257.108" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § GV.2257.108 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.