Finance Code › Title 3 › Chapter 126 › Subchapter H

Texas Finance Code § 126.354

Compensation

Credit Union Supervision and Regulation · Liquidating Agent

(a) A liquidating agent is entitled to receive reasonable compensation during the liquidation.

(b) The compensation is considered an incidental expense of the liquidation.

Official text of the Texas Finance Code as published by the Texas Legislative Council.

Official source
Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.