Texas Finance Code - Section 36.210. Pending Lawsuit
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Texas Lawyer > Finance Code > Texas Finance Code - Section 36.210. Pending Lawsuit
§ 36.210. PENDING LAWSUIT. (a) A judgment or order of a
court of this state or of another jurisdiction in an action pending
by or against the bank, rendered after the date the bank was closed
for liquidation, is not binding on the receiver unless the receiver
was made a party to the suit.
(b) Before the first anniversary of the date the bank was
closed for liquidation, the receiver may not be required to plead to
any suit pending against the bank in a court in this state on the
date the bank was closed for liquidation and in which the receiver
is a proper plaintiff or defendant.
(c) Sections 64.052, 64.053, and 64.056, Civil Practice and
Remedies Code, do not apply to a bank estate being administered
under this subchapter and Subchapter D.
Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997.
Section: 36.203 36.204 36.205 36.206 36.207 36.208 36.209 36.210 36.211 36.212 36.213 36.214 36.215 36.216 36.217
Last modified: August 10, 2007
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