Tex. Finance Code § 66.316
CLOSING OF LIQUIDATION; ORDER AND LIABILITY
Texas · Texas Finance Code · Status: effective
Cite this
- Citation
- Tex. Finance Code § 66.316, CLOSING OF LIQUIDATION; ORDER AND LIABILITY, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/645509
- Permanent ID
ys:prov:645509@1- SHA-256
7d6521feb7aeaf1d2c5f274ffa9a0e2cf9dc0e42700ec5d2ebbf2f71a9b34c2a
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) The liquidating agent shall certify the completion of the liquidation to the commissioner, who shall then issue an order closing the liquidation.
(b) After the commissioner issues the order, the commissioner and the liquidating agent are discharged from any further duty or liability in connection with the administration of the association's affairs.
(c) After the closing order, a person does not have a claim, suit, or action against the commissioner or the liquidating agent, individually or in an official capacity, except a suit to recover an unclaimed deposit as provided by this subchapter.