Texas Natural Resources Code

§ 111.225 — MOTION TO DISSOLVE RECEIVERSHIP

NR § 111.225Title 3. OIL AND GAS · Part D. REGULATION OF SPECIFIC BUSINESSES AND OCCUPATIONS · Ch. 111. COMMON CARRIERS, PUBLIC UTILITIES, AND COMMON PURCHASERS · Art. G. ENFORCEMENT

Statute text

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A party whose property has been placed in the hands of a receiver may move to dissolve the receivership and discharge the receiver only on showing that the party has not wilfully violated nor allowed property owned or controlled by him to be used in violating the rule, order, or judgment or on other good cause shown.

Legislative history

Acts 1977, 65th Leg., p. 2590, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.