Section 186.110. Authorization of Deviation From Procedures

TX Fin Code § 186.110 (2019) (N/A)

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Sec. 186.110. AUTHORIZATION OF DEVIATION FROM PROCEDURES. The banking commissioner may authorize a deviation from the procedures for voluntary dissolution provided by this subchapter if the banking commissioner determines that the interests of claimants are not jeopardized by the deviation.

Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.

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Section 186.109. Application of Law to State Trust Company in Dissolution

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Section 186.111. Closure by Banking Commissioner for Involuntary Dissolution and Liquidation