Texas Finance Code

§ 126.256 — COURT ACTION BY LIQUIDATING AGENT

FI § 126.256Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part D. CREDIT UNIONS · Ch. 126. CREDIT UNION SUPERVISION AND REGULATION · Art. F. ADMINISTRATION OF LIQUIDATION

Statute text

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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.

Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.