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Texas Finance Code - Section 66.302. Removal Or Replacement Of Liquidating Agent

Legal Research Home > Texas Lawyer > Finance Code > Texas Finance Code - Section 66.302. Removal Or Replacement Of Liquidating Agent

§ 66.302. REMOVAL OR REPLACEMENT OF LIQUIDATING AGENT. (a) The commissioner, with or without cause, may remove a liquidating agent and appoint another agent. (b) If a liquidating agent resigns, dies, or otherwise becomes unable to serve, the commissioner shall promptly appoint another agent. Acts 1997, 75th Leg., ch. 1008, § 1, eff. Sept. 1, 1997.

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Last modified: August 10, 2007