{"data":{"id":"us-tx/tex.-finance-code-185.113","jurisdiction":"us-tx","citation":"Tex. Finance Code § 185.113","heading":"ADMINISTRATIVE ELECTION OF REMEDIES.","body":"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.\nAdded by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE F. TRUST COMPANIES","CHAPTER 185. ENFORCEMENT ACTIONS","SUBCHAPTER B. SUPERVISION AND CONSERVATORSHIP"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.185.htm#185.113","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"6fd68efc2eca7d0520e97d8092503fbfddf553349cfd7809a912813082f06d57","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-185.112","next":"us-tx/tex.-finance-code-185.114"},"notice":"GroundRules: Original legal text. Not legal advice."}