Untitled Texas Attorney General Opinion

OFFICE OF TNE A’ITORNEY GENERAL dF TEXAS AUSTIN %lt%rttlnLlt01y thsre 5a-e nw pmcl- lx& 9 llutJ7SpOP suits vhicb gp3v out of Ii@&- taona vhloh hrroe bow c1053u. There are no (Lo- sets OS such liquUM.om dth which to my fhe SZpW5OS OP 8UOh litpid3tfQ~- trnvel3np: oxpmes for attornjys, cwrt coats*dep5sit5,vltxlwn Saw msl tho 3qx3ns53 OS ouch titneas. 'ibeae dts rzmt be &d'tioctin the fnterostof t&e gllhlAO* Mr oxaqlo, all cosots Or tha dnoriosn stat0 mnl: of sIzlix&urg vero sold, an2 the prooaa4e distrtitod among the oroaltors,3M tha xiquiaa- tion 010sodby order OS the ls5triotcourt or wlalgo county: Ths unitad mxtos, assorting a profwrod lien q@nct tha rrr;sots of the bunk thw sold,haa brwght suit tn-kheIXLztrzlot Ceurt the sala of -sota of UidalgoCounty to sat us9.d.a akm&wmttO~". CJbv2awlythe sutt mot bo aa- . mere we, hovwor, no mnfls OS tlra 1iquldaMon out of 6hbh to pay those aostt3. 'al t&L8 oonlumtlonx roepeatrlulje&b- pit two quwu.o~r a(l) Crrnthesurplu8.abe? $mnt&mea, Sn the ofV3ao ezqynsoacoouatbe utm1 in the pay- mentof+theooot aS~oS.e~strifs oSth%~cWraet- ert *(2) If this Purxlis not available,or zgttiy what other 3ouroo 03n the90 ex- JktiOlit 462 of the Rwie#l ciril Gtatutoe pa08 OS r0xh7st .C~pw5stfon OP Mnmaor, enpleyaes e& Ossietanta, ana all 03~05 cf tzqmvis- +on and ligUild&m shall be Slz& by the Con- &Ld~oncr, vbo shclll, frwzltluE to tilde,pw- s33t tQ the DistMct Cmrt fn G13 coonty ill uldoh enlB,bzuUc~~kuiktitmatcon~is looRtl3d, ix in soesion,;ma to the juLl@ there- of, If in yaoution, an %..fdzo3LUWLEUQCP stdxxmnt OS th.acxpmscs zincucrod by hizlin the liquidationof snah brmk or bsniiand trust cm-, ub%ch no0cmt sk312be 3~provocI by sois court, A.s3.~3 s~stiitn,or t&o $a;:~3 thora- of, is in v3cstion,unless obj3otion is Silo& .. theretauithiatcnd5ysrrft0rtheiilb~a ~sontstion of said oxpmso accOuntm. The*off¶.oeoxpensesoooua~ mntionedbyyou &-tioxo 462 ztsaalately3%ova quoted. t)mt t&it3Art.iOlO .Xt *5 a ppopr sotup In pr~uznoo of tho proviclon9of wiillbe men authorszestllspwment r: "all expenses or falpcrYlEloll bti0n fl not ti~ossibla~Pop the proper 0s insolvoat ol~p~islon a02 llquidation~. Zt Is %Iq%%Otio;lblo, and llqul.- banks to ho oarriedou a&thoutoppfce . Those &~ntLal expQnsosappl;p%xXcom?on to til ImUcs In fho hands 05 the Corcritionor far li@da- fion, maa no partlcul3.rprtlon thereofcon BG nlloorbted to w particula!bank, asxi iadoccl, such, of courso, 5s not tie pcwposoof ths sotup or the wOffie3 espanse50- oouav . Wen,lnthe oourso of the periodloslreports by the Cocmissienerto the %udi~iiSusl Diz;trict Comts of the oxpnws of UqutiLntlsq:, the PartAoulm bank wer rbioh that oonrt h3s jurl63%ctiorr, the oetiPotod aatmss- lacnta&ustsUohbPslrisinoludedcu.nlsp~orodbythe punse, SUQ& ns you Pwtlon, ragamos of tho wi$.n or . tim OS tho aoquisiti~. The snnd has wan ac~latti 5nl set 0 t for that vary parrm30. As fxtiotod ty you, suits or.t8”o churnotw oentioml in your lettoraDIetbe doSozx%od and ospmms, such us those tmA.onoilby you, Lust bo paid, ZUU t&we is no otlt~rfU%l f’rop;vfi+ch w- Lautsmay beua&o. 80 that,your queetionIlo.. 9.sanmmnl ln tho ttsm-mstiva,nna th5s aaha an anmror to your secard Qlostionunn3cwssry~ very truly yowa