Texas Finance Code 14.055 – Liability
Current as of: 2024 | Check for updates
|
Other versions
(a) The commissioner or an assistant commissioner, examiner, or other employee of the office is not personally liable for damages arising from the person‘s official act or omission unless the act or omission is corrupt or malicious.
(b) The attorney general shall defend an action brought against a person because of an official act or omission under Subsection (a) regardless of whether the person has terminated service with the office when the action is instituted.
Terms Used In Texas Finance Code 14.055
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005