Tex. Bus. Orgs. Code § 11.411 · Subchapter I. RECEIVERSHIP
GOVERNING PERSONS AND OWNERS NOT NECESSARY PARTIES DEFENDANT.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
Governing persons and owners or members of a domestic entity are not necessary parties to an action for a receivership or liquidation of the property and business of a domestic entity unless relief is sought against those persons individually.
Notes and commentary — not statutory text
History
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
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 2783886899604b06d60ecc4d19f0fb1ff435b00ecd9a204f8e9c867302b8fbf4
- 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
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.