Tex. Fin. Code § 36.311

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 36.311 - Priority of Claims Against Insured Bank

The distribution of assets from the estate of a bank the deposits of which are insured by the Federal Deposit Insurance Corporation or its successor shall be made in the same order of priority as assets would be distributed on liquidation or purchase of assets and assumption of liabilities of a national bank under federal law.

Tex. Fin. Code § 36.311

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.