Texas § FI.36.002 - REMEDIES EXCLUSIVE

Full text of Texas The Texas Constitution § FI.36.002 — REMEDIES EXCLUSIVE, with citation guidance and answers to common questions.

§ FI.36.002. REMEDIES EXCLUSIVE

REMEDIES EXCLUSIVE. (a) Unless the banking commissioner so requests, a court may not: (1) order the closing or suspension of operation of a state bank; or (2) appoint for a state bank a receiver, supervisor, conservator, liquidator, or other person with similar responsibility. (b) A person may not be designated a receiver, supervisor, conservator, or liquidator without the voluntary approval of the banking commissioner. (c) This chapter prevails over any conflicting law of this state. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Frequently Asked Questions About Texas § FI.36.002

What does The Texas Constitution § FI.36.002 cover?

Section FI.36.002 ("REMEDIES EXCLUSIVE") 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.36.002?

A common citation format is "The Texas Constitution § FI.36.002" (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.36.002 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.