Texas Finance Code

§ 35.209 — JUDICIAL REVIEW OF CEASE AND DESIST ORDER

FI § 35.209Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part A. BANKS · Ch. 35. ENFORCEMENT ACTIONS · Art. C. UNAUTHORIZED ACTIVITY: INVESTIGATION AND ENFORCEMENT

Statute text

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(a)A person affected by a cease and desist order issued, affirmed, or modified after a hearing may file a petition for judicial review.

(b)A filed petition for judicial review does not stay or vacate the order unless the court, after hearing, specifically stays or vacates the order.

Legislative history

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