Administrative remedies must be exhausted before a court may:
(1) assert jurisdiction over a claim against the conservator or the credit union; or
(2) restrain or otherwise affect the exercise of the powers or functions of the conservator.
Tex. Fin. Code § 126.161
EXHAUSTION OF ADMINISTRATIVE REMEDIES
Known as the Texas Credit Union Act
The act spans §§ 121.001 to 149.002 (219 sections).
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.