Texas Finance Code

§ 14.209 — APPOINTMENT OF RECEIVER

FI § 14.209Title 2. FINANCIAL REGULATORY AGENCIES · Ch. 14. CONSUMER CREDIT COMMISSIONER · Art. E. INVESTIGATION AND ENFORCEMENT

Statute text

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(a)In addition to other remedies for the enforcement of a restraining order or injunction, the court in which an action is brought under Section 14.208(c) may impound and appoint a receiver for the defendant's property and business, including a document relating to the property or business, as the court considers reasonably necessary to prevent a violation through use of the property and business.

(b)On appointment and qualification, a receiver has the powers and duties of a receiver under Chapter 64, Civil Practice and Remedies Code. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by:

Legislative history

Acts 2023, 88th Leg., R.S., Ch. 159 (S.B. 1371), Sec. 2, eff. September 1, 2023.