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Current as of January 01, 2024 | Updated by Findlaw Staff
The banking commissioner may take any action authorized under Chapter 186 regardless of the existence of supervision or conservatorship. A period of supervision or conservatorship is not required before a trust company is closed for liquidation or other remedial action is taken.
Cite this article: FindLaw.com - Texas Finance Code - FIN § 185.113. Administrative Election of Remedies - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-185-113/
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