Texas § FI.126.204 - ACTION PENDING INJUNCTION HEARING
Full text of Texas The Texas Constitution § FI.126.204 — ACTION PENDING INJUNCTION HEARING, with citation guidance and answers to common questions.
§ FI.126.204. ACTION PENDING INJUNCTION HEARING
ACTION PENDING INJUNCTION HEARING. (a) The court, without notice or hearing, may restrain the commissioner from liquidating the credit union's assets until after a hearing on the suit is held. (b) If the court restrains the commissioner, the court shall instruct the commissioner to hold the credit union's assets in the commissioner's possession and control until disposition of the suit. (c) With court approval, the commissioner may take any necessary or proper action to prevent loss or depreciation in the value of the assets. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § FI.126.204
What does The Texas Constitution § FI.126.204 cover?
Section FI.126.204 ("ACTION PENDING INJUNCTION HEARING") 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 § FI.126.204?
A common citation format is "The Texas Constitution § FI.126.204" (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 § FI.126.204 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.