Finance Code › Title 3 › Chapter 35 › Subchapter A

Texas Finance Code § 35.008

Limitation on Action

Enforcement Actions · Enforcement Orders: Banks and Management

The banking commissioner may not initiate an enforcement action under this subchapter later than the fifth anniversary of the date the banking commissioner discovered or reasonably should have discovered the conduct involved.

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.

Sections that refer to this one

§ 35.007