Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 36.213 - Injunction in Aid of Liquidation(a) On application by the receiver, the court with or without notice may issue an injunction:(1) restraining a bank officer, director, shareholder, trustee, agent, servant, employee, attorney, attorney-in-fact, correspondent, or other person from transacting the bank's business or wasting or disposing of its property; or(2) requiring the delivery of the bank's property or assets to the receiver subject to the further order of the court.(b) At any time during a proceeding under this subchapter, the court may issue another injunction or order considered necessary or desirable to prevent: (1) interference with the receiver or the proceeding;(2) waste of the assets of the bank;(3) the beginning or prosecution of an action;(4) the obtaining of a preference, judgment, attachment, garnishment, or other lien; or(5) the making of a levy against the bank or its assets.Amended By Acts 2007, 80th Leg., R.S., Ch. 237, Sec. 57, eff. 9/1/2007. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.