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2025 Texas Statutes
Finance Code
Title 2 - Financial Regulatory Agencies
Chapter 14 - Consumer Credit Commissioner
Subchapter E. Investigation and Enforcement
Section 14.209. Appointment of Receiver
Universal Citation:
TX Fin Code § 14.209 (2025)
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Sec. 14.209. APPOINTMENT OF RECEIVER. (a) In addition to other remedies for the enforcement of a restraining order or injunction, the court in which an action is brought under Section 14.208(c) may impound and appoint a receiver for the defendant's property and business, including a document relating to the property or business, as the court considers reasonably necessary to prevent a violation through use of the property and business.
(b) On appointment and qualification, a receiver has the powers and duties of a receiver under Chapter 64, Civil Practice and Remedies Code.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Amended by:
Acts 2023, 88th Leg., R.S., Ch. 159 (S.B. 1371), Sec. 2, eff. September 1, 2023.
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