Texas Finance Code 126.161 – Exhaustion of Administrative Remedies
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Texas Finance Code 126.161
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
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.