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Texas Business & Commerce Code

§ 23.21 — ASSIGNEE'S ENTITLEMENT TO COMPENSATION

BC § 23.21Title 3. INSOLVENCY, FRAUDULENT TRANSFERS, AND FRAUD · Ch. 23. ASSIGNMENTS FOR THE BENEFIT OF CREDITORS · Art. C. DUTIES AND RIGHTS OF ASSIGNEE

Statute text

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An assignee is entitled to reasonable compensation for his services and reimbursement for his necessary expenses, including an attorney's fee, all of which shall be fixed by the county or district court who approved his bond. The compensation, expenses, and attorney's fee fixed by the county or district court shall be paid out of the assigned estate.

Legislative history

Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1.

Source: Texas Business & Commerce Code § 23.21 from the Texas Constitution and Statutes (Texas Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.