Tex. Finance Code § 36.213
INJUNCTION IN AID OF LIQUIDATION
Texas · Texas Finance Code · Status: effective
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- Citation
- Tex. Finance Code § 36.213, INJUNCTION IN AID OF LIQUIDATION, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645214
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Full text
(a) On application by the receiver, the court with or without notice may issue an injunction:
(1) restraining a bank officer, director, shareholder, trustee, agent, servant, employee, attorney, attorney-in-fact, correspondent, or other person from transacting the bank's business or wasting or disposing of its property; or
(2) requiring the delivery of the bank's property or assets to the receiver subject to the further order of the court.
(b) At any time during a proceeding under this subchapter, the court may issue another injunction or order considered necessary or desirable to prevent:
(1) interference with the receiver or the proceeding;
(2) waste of the assets of the bank;
(3) the beginning or prosecution of an action;
(4) the obtaining of a preference, judgment, attachment, garnishment, or other lien; or
(5) the making of a levy against the bank or its assets.