{"data":{"id":"us-tx/tex.-finance-code-35.113","jurisdiction":"us-tx","citation":"Tex. Finance Code § 35.113","heading":"ADMINISTRATIVE ELECTION OF REMEDIES.","body":"The banking commissioner may take any action authorized by Chapter 36 regardless of the existence of supervision or conservatorship. A period of supervision or conservatorship is not required before a bank is closed for liquidation or other remedial action is taken.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE A. BANKS","CHAPTER 35. ENFORCEMENT ACTIONS","SUBCHAPTER B. SUPERVISION AND CONSERVATORSHIP"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.35.htm#35.113","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"f528f8ae701927d9331647e97482373a49a826875a88c4273d32597043cf36c3","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-35.112","next":"us-tx/tex.-finance-code-35.114"},"notice":"GroundRules: Original legal text. Not legal advice."}