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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Finance Code § 126.354: COMPENSATION.

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Where this section sits in the code
  1. FINANCE CODE
  2. TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
  3. SUBTITLE D. CREDIT UNIONS
  4. CHAPTER 126. CREDIT UNION SUPERVISION AND REGULATION
  5. SUBCHAPTER H. LIQUIDATING AGENT

(a) A liquidating agent is entitled to receive reasonable compensation during the liquidation.

(b) The compensation is considered an incidental expense of the liquidation.

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Collected 2026-08-27T01:47:13Z. Source file · JSON

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