{"data":{"id":"us-tx/tex.-finance-code-185.009","jurisdiction":"us-tx","citation":"Tex. Finance Code § 185.009","heading":"ENFORCEMENT BY COMMISSIONER.","body":"(a) If the banking commissioner reasonably believes that a state trust company or other person has violated any of the following, the banking commissioner may take any action authorized under Subsection (a-1):\n(1) this subtitle or rules enacted under this subtitle and, as a result of that violation, exposed or could have exposed the state trust company or its clients, creditors, shareholders, or participants to harm;\n(2) other applicable law of this state and, as a result of that violation, exposed or could have exposed the state trust company or its clients, creditors, shareholders, or participants to harm; or\n(3) a final order issued by the banking commissioner.\n(a-1) The banking commissioner may:\n(1) initiate administrative penalty proceedings against the state trust company or other person, as applicable, in accordance with Sections 185.010 and 185.011;\n(2) refer the matter to the attorney general for enforcement by injunction or other available remedy; or\n(3) pursue any other action the banking commissioner considers appropriate under applicable law.\n(b) If the attorney general prevails in an action brought under Subsection (a-1)(2), the attorney general is entitled to recover reasonable attorney's fees from a state trust company or person committing the violation.\nAdded by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.\nAmended by:\nActs 2011, 82nd Leg., R.S., Ch. 183 (S.B. 1165), Sec. 13, eff. May 28, 2011.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE F. TRUST COMPANIES","CHAPTER 185. ENFORCEMENT ACTIONS","SUBCHAPTER A. ENFORCEMENT ORDERS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.185.htm#185.009","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"115d9aba1cdb88129061c2e38d008669fae476889b8ec351f24c0d77466961e5","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-185.008","next":"us-tx/tex.-finance-code-185.010"},"notice":"GroundRules: Original legal text. Not legal advice."}