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Subchapter A. General Provisions
Section 186.001. Definition - Sec. 186.001. DEFINITION. In this chapter, "administrative expense" means: (1)...
Section 186.002. Remedies Exclusive - Sec. 186.002. REMEDIES EXCLUSIVE. (a) Unless the banking commissioner so...
Section 186.003. Federal Deposit Insurance Corporation as Liquidator - Sec. 186.003. FEDERAL DEPOSIT INSURANCE CORPORATION AS LIQUIDATOR. (a) The...
Section 186.004. Appointment of Independent Receiver - Sec. 186.004. APPOINTMENT OF INDEPENDENT RECEIVER. (a) On request of...
Section 186.005. Succession of Trust Powers - Sec. 186.005. SUCCESSION OF TRUST POWERS. (a) If a state...
Subchapter B. Voluntary Dissolution
Section 186.101. Initiating Voluntary Dissolution - Sec. 186.101. INITIATING VOLUNTARY DISSOLUTION. (a) A state trust company...
Section 186.102. Filing Resolutions With Banking Commissioner - Sec. 186.102. FILING RESOLUTIONS WITH BANKING COMMISSIONER. After resolutions to...
Section 186.103. Banking Commissioner Investigation and Consent - Sec. 186.103. BANKING COMMISSIONER INVESTIGATION AND CONSENT. The banking commissioner...
Section 186.104. Notice of Pending Dissolution - Sec. 186.104. NOTICE OF PENDING DISSOLUTION. (a) A state trust...
Section 186.105. Safe Deposits and Other Bailments - Sec. 186.105. SAFE DEPOSITS AND OTHER BAILMENTS. (a) A contract...
Section 186.106. Offices to Remain Open - Sec. 186.106. OFFICES TO REMAIN OPEN. Unless the banking commissioner...
Section 186.107. Fiduciary Activities - Sec. 186.107. FIDUCIARY ACTIVITIES. (a) As soon as practicable after...
Section 186.108. Final Liquidation - Sec. 186.108. FINAL LIQUIDATION. (a) After the state trust company...
Section 186.109. Application of Law to State Trust Company in Dissolution - Sec. 186.109. APPLICATION OF LAW TO STATE TRUST COMPANY IN...
Section 186.110. Authorization of Deviation From Procedures - Sec. 186.110. AUTHORIZATION OF DEVIATION FROM PROCEDURES. The banking commissioner...
Section 186.111. Closure by Banking Commissioner for Involuntary Dissolution and Liquidation - Sec. 186.111. CLOSURE BY BANKING COMMISSIONER FOR INVOLUNTARY DISSOLUTION AND...
Section 186.112. Application for New Charter - Sec. 186.112. APPLICATION FOR NEW CHARTER. After a state trust...
Subchapter C. Involuntary Dissolution and Liquidation
Section 186.201. Action to Close State Trust Company - Sec. 186.201. ACTION TO CLOSE STATE TRUST COMPANY. (a) The...
Section 186.202. Notice and Effect of Closure; Appointment of Receiver - Sec. 186.202. NOTICE AND EFFECT OF CLOSURE; APPOINTMENT OF RECEIVER....
Section 186.203. Nature and Duration of Receivership - Sec. 186.203. NATURE AND DURATION OF RECEIVERSHIP. (a) The court...
Section 186.204. Contest of Liquidation - Sec. 186.204. CONTEST OF LIQUIDATION. (a) A state trust company,...
Section 186.205. Notice of State Trust Company Closing - Sec. 186.205. NOTICE OF STATE TRUST COMPANY CLOSING. (a) As...
Section 186.206. Inventory - Sec. 186.206. INVENTORY. As soon as reasonably practicable given the...
Section 186.207. Receiver's Title and Priority - Sec. 186.207. RECEIVER'S TITLE AND PRIORITY. (a) The receiver has...
Section 186.208. Rights Fixed - Sec. 186.208. RIGHTS FIXED. The rights and liabilities of the...
Section 186.209. Depositories - Sec. 186.209. DEPOSITORIES. (a) The receiver may deposit money collected...
Section 186.210. Pending Lawsuit - Sec. 186.210. PENDING LAWSUIT. (a) A judgment or order of...
Section 186.211. New Lawsuit - Sec. 186.211. NEW LAWSUIT. (a) Except as otherwise provided by...
Section 186.212. Obtaining Record or Other Property in Possession of Other Person - Sec. 186.212. OBTAINING RECORD OR OTHER PROPERTY IN POSSESSION OF...
Section 186.213. Injunction in Aid of Liquidation - Sec. 186.213. INJUNCTION IN AID OF LIQUIDATION. (a) On application...
Section 186.214. Subpoena - Sec. 186.214. SUBPOENA. (a) The receiver may request the court...
Section 186.215. Executory Contract; Oral Agreement - Sec. 186.215. EXECUTORY CONTRACT; ORAL AGREEMENT. (a) Not later than...
Section 186.216. Preferences - Sec. 186.216. PREFERENCES. (a) A transfer of or lien on...
Section 186.217. Employees of Receiver - Sec. 186.217. EMPLOYEES OF RECEIVER. The receiver may employ agents,...
Section 186.218. Disposal of Property; Settling of Claim - Sec. 186.218. DISPOSAL OF PROPERTY; SETTLING OF CLAIM. (a) In...
Section 186.219. Court Order; Notice and Hearing - Sec. 186.219. COURT ORDER; NOTICE AND HEARING. If the court...
Section 186.220. Receiver's Reports; Expenses - Sec. 186.220. RECEIVER'S REPORTS; EXPENSES. (a) The receiver shall file...
Section 186.221. Court-Ordered Audit - Sec. 186.221. COURT-ORDERED AUDIT. (a) The court may order an...
Section 186.222. Safe Deposits and Other Bailments - Sec. 186.222. SAFE DEPOSITS AND OTHER BAILMENTS. (a) A contract...
Section 186.223. Fiduciary Activities - Sec. 186.223. FIDUCIARY ACTIVITIES. (a) As soon after beginning the...
Section 186.224. Disposition and Maintenance of Records - Sec. 186.224. DISPOSITION AND MAINTENANCE OF RECORDS. (a) On approval...
Section 186.225. Records Admitted - Sec. 186.225. RECORDS ADMITTED. (a) A record of a state...
Section 186.226. Resumption of Business - Sec. 186.226. RESUMPTION OF BUSINESS. (a) A state trust company...
Section 186.227. Assets Discovered After Close of Receivership - Sec. 186.227. ASSETS DISCOVERED AFTER CLOSE OF RECEIVERSHIP. (a) The...
Subchapter D. Claims Against Receivership Estate
Section 186.301. Filing Claim - Sec. 186.301. FILING CLAIM. (a) This section applies only to...
Section 186.302. Proof of Claim - Sec. 186.302. PROOF OF CLAIM. (a) A proof of claim...
Section 186.303. Judgment as Proof of Claim - Sec. 186.303. JUDGMENT AS PROOF OF CLAIM. (a) A judgment...
Section 186.304. Secured Claim - Sec. 186.304. SECURED CLAIM. (a) The owner of a secured...
Section 186.305. Unliquidated or Undetermined Claim - Sec. 186.305. UNLIQUIDATED OR UNDETERMINED CLAIM. (a) A claim based...
Section 186.306. Set-Off - Sec. 186.306. SET-OFF. (a) Mutual credits and mutual debts shall...
Section 186.307. Action on Claim - Sec. 186.307. ACTION ON CLAIM. (a) Not later than six...
Section 186.308. Objection to Approved Claim - Sec. 186.308. OBJECTION TO APPROVED CLAIM. The receiver with court...
Section 186.309. Appeal of Rejected Claim - Sec. 186.309. APPEAL OF REJECTED CLAIM. (a) The receiver's rejection...
Section 186.310. Payment of Claim - Sec. 186.310. PAYMENT OF CLAIM. (a) Except as expressly provided...
Section 186.311. Priority of Claims Against Insured State Trust Company - Sec. 186.311. PRIORITY OF CLAIMS AGAINST INSURED STATE TRUST COMPANY....
Section 186.312. Priority of Claims Against Uninsured State Trust Company - Sec. 186.312. PRIORITY OF CLAIMS AGAINST UNINSURED STATE TRUST COMPANY....
Section 186.313. Excess Assets - Sec. 186.313. EXCESS ASSETS. (a) If state trust company assets...
Section 186.314. Unclaimed Property - Sec. 186.314. UNCLAIMED PROPERTY. After completion of the liquidation, any...