Texas Finance Code 126.053 – Witnesses; Production of Documents
(a) In an examination conducted under this subchapter, the commissioner or the commissioner’s designee may:
(1) subpoena witnesses;
(2) administer an oath or affirmation to a person, including any officer, director, agent, or employee of a credit union, and examine the person under oath or affirmation on any subject the commissioner considers pertinent to the financial condition or the safety and soundness of the activities of a credit union; or
(3) require and compel by subpoena the production of documents that are not voluntarily produced, including books, papers, securities, and records.
(b) The commissioner may apply to a district court in Travis County for an order requiring a person to obey a subpoena, to appear, or to answer questions in connection with the examination or investigation.
Terms Used In Texas Finance Code 126.053
- Answer: The formal written statement by a defendant responding to a civil complaint and setting forth the grounds for defense.
- Oath: A promise to tell the truth.
- Oath: includes affirmation. See Texas Government Code 311.005
- 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
- Subpoena: A command to a witness to appear and give testimony.
- Testimony: Evidence presented orally by witnesses during trials or before grand juries.
(c) The court shall issue an order under Subsection (b) if the court finds good cause to issue the subpoena or to take testimony.