Tex. Bus. & Com. Code § 23.19 · Subchapter C. DUTIES AND RIGHTS OF ASSIGNEE
ASSIGNEE'S DUTY TO DISTRIBUTE ASSIGNED ESTATE.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Each time an assignee has enough money to pay 10 percent of the assigning debtor's debts, he shall distribute the money among the creditors entitled to receive it in proportion to their claims allowed under Section 23.31(b) of this code.
Notes and commentary — not statutory text
History
Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BC/htm/BC.23.htm
- Text hash
- sha256 0600489b68b0da0c5bc0b82930f72aa6799dfbafb622f8d78c8966c2bfa78cdd
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
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Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.