Tex. Bus. Orgs. Code § 11.402 · Subchapter I. RECEIVERSHIP
JURISDICTION TO APPOINT RECEIVER.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(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.
Notes and commentary — not statutory text
History
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 139 (S.B. 748), Sec. 19, eff. September 1, 2011.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BO/htm/BO.11.htm
- Text hash
- sha256 953cfc71c3ff2a12ff7161fc32ec9c95a70f38fe42aa322825c727aec4646c3d
- 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
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Business Organizations Code
- Tex. Bus. Orgs. Code § 11.403APPOINTMENT OF RECEIVER FOR SPECIFIC PROPERTY.Printed as Section 11.403
- Tex. Bus. Orgs. Code § 11.404APPOINTMENT OF RECEIVER TO REHABILITATE DOMESTIC ENTITY.Printed as Section 11.404
- Tex. Bus. Orgs. Code § 11.405APPOINTMENT OF RECEIVER TO LIQUIDATE DOMESTIC ENTITY; LIQUIDATION.Printed as Section 11.405
Cited by 3 provisions
Provisions in this library whose text cites Tex. Bus. Orgs. Code § 11.402. Each shows the citation as that text prints it.
Business Organizations Code
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.