Sec. 89.006. LIABILITY OF COMMISSIONER AND OTHER COMMISSION PERSONNEL; DEFENSE BY ATTORNEY GENERAL. (a) The commissioner, a member of the finance commission, a deputy commissioner, an examiner, or any other officer or employee of the Department of Savings and Mortgage Lending 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 described by Subsection (a) because of the person's official act or omission without regard to whether the person is an officer or employee of the department at the time the action is instituted.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 6.034, eff. September 1, 2007.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Subtitle B - Savings and Loan Associations
Chapter 89 - Miscellaneous Provisions Applicable to Savings and Loan Associations
Subchapter A. General Miscellaneous Provisions
Section 89.001. Applicability of Chapter 4, Business & Commerce Code
Section 89.002. Acknowledgment or Proof Taken by Member, Stockholder, or Employee of Association
Section 89.003. Rendition of Certain Personal Property for Ad Valorem Taxation
Section 89.004. Initiation of Rulemaking by Associations