{"data":{"id":"us-tx/tex.-finance-code-186.213","jurisdiction":"us-tx","citation":"Tex. Finance Code § 186.213","heading":"INJUNCTION IN AID OF LIQUIDATION.","body":"(a) On application by the receiver, the court with or without notice may issue an injunction:\n(1) restraining each state trust company officer, director, manager, managing participant, employee, shareholder, participant, participant-transferee, trustee, agent, servant, employee, attorney, attorney-in-fact, accountant or accounting firm, correspondent, or other person from transacting the state trust company's business or wasting or disposing of its property; or\n(2) requiring the delivery of the state trust company's property or assets to the receiver subject to the further order of the court.\n(b) At any time during a proceeding under this subchapter, the court may issue another injunction or order considered necessary or desirable to prevent:\n(1) interference with the receiver or the proceeding;\n(2) waste of the assets of the state trust company;\n(3) the beginning or prosecution of an action;\n(4) the obtaining of a preference, judgment, attachment, garnishment, or other lien; or\n(5) the making of a levy against the state trust company or against its assets.\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 186. DISSOLUTION AND RECEIVERSHIP","SUBCHAPTER C. INVOLUNTARY DISSOLUTION AND LIQUIDATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.186.htm#186.213","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"bb5446290752867476021e2901cb2a81b2f648b8aeaf4fbbe5f8f8f212b042a3","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-186.212","next":"us-tx/tex.-finance-code-186.214"},"notice":"GroundRules: Original legal text. Not legal advice."}
