Section 36.001 - Definition In this chapter, "administrative expense" means:
(1) an expense designated as an administrative expense by Subchapter C or D;(2) court costs and expenses of operation and liquidation of a bank estate;(3) wages owed to an employee of a bank for services rendered within three months before the date the bank was closed for liquidation and not exceeding: (A) $2,000 to each employee; or(B) another amount set by rules adopted under this subtitle;(4) current wages owed to a bank employee whose services are retained by the receiver for services rendered after the date the bank is closed for liquidation;(5) an unpaid expense of supervision or conservatorship of the bank before its closing for liquidation; and(6) any unpaid fees or assessments owed to the department. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.