Sec. 12.106. LIABILITY. (a) The banking commissioner, a member of the finance commission, a deputy banking commissioner, an examiner, assistant examiner, supervisor, conservator, agent, or other officer or employee of the department, or an agent of the banking commissioner is not personally liable for damages arising from the person's official act or omission unless the act or omission is corrupt or malicious.
(b) The attorney general shall defend an action brought against a person because of an official act or omission under Subsection (a) regardless of whether the defendant has terminated service with the department before the action commences.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 412, Sec. 1.03, eff. Sept. 1, 2001.
Structure Texas Statutes
Title 2 - Financial Regulatory Agencies
Chapter 12 - Texas Department of Banking
Subchapter B. Operation of Department
Section 12.101. Banking Commissioner
Section 12.102. Deputy Banking Commissioners
Section 12.104. Oath of Office
Section 12.105. Fees, Revenue, and Expenses; Audit
Section 12.107. Conflict of Interest
Section 12.108. Consumer Information and Complaints
Section 12.1085. Financial Literacy Program
Section 12.109. Sunset Provision
Section 12.111. Standards of Conduct
Section 12.112. Equal Employment Opportunity Policy
Section 12.113. Alternative Rulemaking and Dispute Resolution