Texas Finance Code - Section 36.211. New Lawsuit
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§ 36.211. NEW LAWSUIT. (a) Except as otherwise provided
by this section, the court in which the receivership proceeding is
pending under this subchapter has exclusive jurisdiction to hear
and determine all actions or proceedings instituted by or against
the bank or receiver after the receivership proceeding begins.
(b) The receiver may file in any jurisdiction an ancillary
suit that may be helpful to obtain jurisdiction or venue over a
person or property.
(c) Exclusive venue lies in Travis County for an action or
proceeding instituted against the receiver or the receiver's
employee, including an employee of the department, that asserts
personal liability on the part of the receiver or employee.
Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997.
Section: 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 36.218
Last modified: August 10, 2007
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