Texas Finance Code
§ 96.302 — REMOVAL OR REPLACEMENT OF LIQUIDATING AGENT
FI § 96.302Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part C. SAVINGS BANKS · Ch. 96. SUPERVISION AND REGULATION · Art. G. LIQUIDATION
Statute text
View on source(a)The commissioner, with or without cause, may remove a liquidating agent and appoint another agent.
(b)If a liquidating agent resigns, dies, or otherwise becomes unable to serve, the commissioner shall promptly appoint another agent.
Legislative history
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.