Texas Business Organizations Code
§ 11.402 — JURISDICTION TO APPOINT RECEIVER
BO § 11.402Title 1. GENERAL PROVISIONS · Ch. 11. WINDING UP AND TERMINATION OF DOMESTIC ENTITY · Art. I. RECEIVERSHIP
Statute text
View on source(a)A court that has subject matter jurisdiction over specific property of a domestic or foreign entity that is located in this state and is involved in litigation has jurisdiction to appoint a receiver for that property as provided by Section 11.403.
(b)A district court in the county in which the registered office or principal place of business of a domestic entity is located has jurisdiction to:
(1)appoint a receiver for the property and business of a domestic entity for the purpose of rehabilitating the entity as provided by Section 11.404; or
(2)order the liquidation of the property and business of a domestic entity and appoint a receiver to effect that liquidation as provided by Section 11.405. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006. Amended by:
Legislative history
Acts 2011, 82nd Leg., R.S., Ch. 139 (S.B. 748), Sec. 19, eff. September 1, 2011.