(a) Unless the banking commissioner so requests, a court may not:
(1) order the closing or suspension of operation of a state trust company; or
(2) appoint for a state trust company a receiver, supervisor, conservator, or liquidator, or other person with similar responsibility.
(b) A person may not be designated receiver, supervisor, conservator, or liquidator without the voluntary approval and concurrence of the banking commissioner.
(c) This chapter prevails over any other conflicting law of this state.
Official text of the Texas Finance Code as published by the Texas Legislative Council.