Sec. 185.008. LIMITATION ON ACTION. The banking commissioner may not initiate an enforcement action under this subchapter later than the fifth anniversary of the date the banking commissioner discovered or reasonably should have discovered the conduct involved.
Added by Acts 1999, 76th Leg., ch. 62, Sec. 7.16(a), eff. Sept. 1, 1999.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Chapter 185 - Enforcement Actions
Subchapter A. Enforcement Orders
Section 185.0001. Applicability to State Trust Company Subsidiaries
Section 185.001. Determination Letter
Section 185.002. Cease and Desist Order
Section 185.003. Removal or Prohibition Order
Section 185.0035. Removal or Prohibition Orders in Response to Certain Criminal Offenses
Section 185.004. Hearing on Proposed Order
Section 185.005. Emergency Order
Section 185.006. Copy of Letter or Order in State Trust Company Records
Section 185.007. Effect of Final Removal or Prohibition Order
Section 185.0071. Application for Release From Final Removal or Prohibition Order
Section 185.008. Limitation on Action
Section 185.009. Enforcement by Commissioner
Section 185.010. Administrative Penalty
Section 185.011. Payment or Appeal of Administrative Penalty