Texas Statutes (Last Updated: January 4, 2014) |
FINANCE CODE |
Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES |
Subtitle D. CREDIT UNIONS |
Chapter 126. CREDIT UNION SUPERVISION AND REGULATION |
Subchapter F. ADMINISTRATION OF LIQUIDATION |
Sec. 126.256. COURT ACTION BY LIQUIDATING AGENT
Latest version.
-
The liquidating agent shall:
(1) sue in the name of the liquidating agent or may sue in the name of the credit union; and
(2) defend an action brought against the liquidating agent or the credit union.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.