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

Tex. Finance Code § 181.108: LIABILITY OF COMMISSION AND DEPARTMENT OFFICERS AND PERSONNEL LIMITED.

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Where this section sits in the code
  1. FINANCE CODE
  2. TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES
  3. SUBTITLE F. TRUST COMPANIES
  4. CHAPTER 181. GENERAL PROVISIONS
  5. SUBCHAPTER B. REGULATION OF TRUST COMPANIES BY BANKING DEPARTMENT

(a) The banking commissioner, a member of the finance commission, a deputy banking commissioner, an examiner, assistant examiner, supervisor, conservator, agent, or other officer or employee of the department, or an agent of the banking commissioner is not personally liable for damages arising from the person's official act or omission unless the act or omission is corrupt or malicious.

(b) The attorney general shall defend an action brought against a person because of an official act or omission under Subsection (a), regardless of whether the defendant has terminated service with the department before the action commences.

Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999. Amended by Acts 2001, 77th Leg., ch. 412, Sec. 3.03, eff. Sept. 1, 2001.

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

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