Tex. Finance Code § 36.210
PENDING LAWSUIT
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 36.210, PENDING LAWSUIT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645211
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Full text
(a) A judgment or order of a court of this state or of another jurisdiction in an action pending by or against the bank, rendered after the date the bank was closed for liquidation, is not binding on the receiver unless the receiver was made a party to the suit.
(b) Before the first anniversary of the date the bank was closed for liquidation, the receiver may not be required to plead to any suit pending against the bank in a court in this state on the date the bank was closed for liquidation and in which the receiver is a proper plaintiff or defendant.
(c) Sections 64.052, 64.053, and 64.056, Civil Practice and Remedies Code, do not apply to a bank estate being administered under this subchapter and Subchapter D.