Tex. Rev. Civ. Stat. art. 1524h · Chapter 17. TRUST COMPANIES AND INVESTMENTS
APPEAL FROM ORDER FIXING RATE OF RETURN.
Text — Current through the 89th 2nd Called Legislative Session, 2025
Any corporation organized and existing under and by virtue of provisions of Section 1 hereof, which shall be dissatisfied with any rents, charges, rate of return and area and method of operation which is fixed or may be fixed or may be changed by any governing body, may, by giving to such governing body ten (10) days notice by registered mail of its intention thereof, appeal to any district court of the county wherein the property which is affected is situated. The appeal shall be perfected by filing suit in the district court of the county in which the property is situated within ten (10) days after the giving of such notice, and the filing of such suit shall suspend the order, rule, regulation, or ordinance from which the appeal is perfected. The municipality or county, where the properties to be owned or operated are situated outside the corporate limits of any organized town, city or village shall be defendant in said suit. The trial shall be de novo, and Court, upon a hearing, shall, by its judgment, regulate the rents, charges, rate of return, areas and method of operation of the corporation.
Notes and commentary — not statutory text
History
Acts 1932, 42nd Leg., 3rd C.S., p. 107, ch. 42, Sec. 7.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/CV/htm/CV.32.17.htm
- Text hash
- sha256 0419d0a46220caf16c5bc04db92f60dc34dfdbf3563c0f1ff06a097f137a2fcf
- 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.