{"data":{"id":"us-tx/tex.-finance-code-66.109","jurisdiction":"us-tx","citation":"Tex. Finance Code § 66.109","heading":"ENFORCEMENT OF SUPERVISORY ORDER.","body":"(a) The commissioner, after giving notice, may assess against an association or another person designated in a final supervisory order who violates the order, or both, an administrative penalty of not more than $1,000 each for each day of the violation. The association may not reimburse or indemnify a person for any part of the penalty.\n(b) In addition to any other remedy provided by law, the commissioner may institute in a district court in Travis County:\n(1) a suit for injunctive relief to stop or prevent a violation of a supervisory order; or\n(2) a suit for injunctive relief and to collect the administrative penalty.\n(c) A bond is not required of the commissioner with respect to injunctive relief granted under this section.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE B. SAVINGS AND LOAN ASSOCIATIONS","CHAPTER 66. ENFORCEMENT AND REGULATION","SUBCHAPTER C. SUPERVISORY INTERVENTION"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.66.htm#66.109","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"6b88d6a853744fc1383773cedd6a46ab5e6b2472b08baa26d573887c51a7545c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-66.108","next":"us-tx/tex.-finance-code-66.110"},"notice":"GroundRules: Original legal text. Not legal advice."}
