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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The appointment of a receiver under this subchapter does not relieve the single-source continuum contractor under receivership or any employee or agent of the contractor of:
(1) civil or criminal liability arising out of an act or omission that occurred before the appointment of the receiver;
(2) an obligation for the payment of taxes, operational or maintenance expenses, mortgages, leases, contractual obligations, or liens; or
(3) a duty imposed by law.
(b) A single-source continuum contractor under receivership may sell or lease a facility under receivership, subject to the approval of the appointing court.
Cite this article: FindLaw.com - Texas Family Code - FAM § 264.1955. Obligations and Liability of Single-Source Continuum Contractor; Sale or Lease of Property by Single-Source Continuum Contractor - last updated January 01, 2024 | https://codes.findlaw.com/tx/family-code/fam-sect-264-1955/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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