126.160 – JURISDICTION AND VENUE. (a) A suit filed
Texas Finance Code § 126.160
Summary
This law establishes that any lawsuit against a credit union under conservatorship, or against its conservator, must be filed in Travis County. This requirement applies regardless of the credit union's conservatorship status. Additionally, lawsuits initiated by the conservator must also be filed in Travis County.
Lawsuits against credit unions under conservatorship must be in Travis County.
Suits against conservators related to credit unions also require Travis County venue.
Conservators can file lawsuits in Travis County as well.
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In simple terms: Learn about Texas's JURISDICTION AND VENUE. (a) A suit filed law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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