Tex. Loc. Gov't Code § 62.090 · Subchapter C. PAYMENT OF INDEBTEDNESS AND DISPOSITION OF ASSETS UNDER RECEIVERSHIP
PAYMENT OF CLAIMS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The court in which the receivership of an abolished municipality is pending shall:
(1) provide for the payment of the claims legally established against the municipality;
(2) determine the priority of the claims;
(3) order the sale of all property held by the receiver that is subject to sale for the satisfaction of the municipality's indebtedness; and
(4) direct the receiver to pay the claims legally established against the municipality.
Notes and commentary — not statutory text
History
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LG/htm/LG.62.htm
- Text hash
- sha256 d649d7a38052dd4bc8b7409761e3d17167a385214cc4794c9d4dbf0dfe245ca1
- 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.