Compensation

Tex. Finance Code § 126.354, under Credit Union Supervision and Regulation.

Tex. Finance Code § 126.354

Sec. 126.354. COMPENSATION. (a) A liquidating agent is entitled to receive reasonable compensation during the liquidation. (b) The compensation is considered an incidental expense of the liquidation. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. SUBCHAPTER I. COMPLETION OF LIQUIDATION