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Texas Local Government Code - LOC GOV'T § 62.041. Application for and Appointment of Receiver

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) Any creditor of a validly incorporated municipality that abolishes its corporate existence may apply to a district judge in the district in which the municipality is located to appoint a receiver for the municipality.

(b) After an application is filed and proper notice of the application is posted, the judge hearing the application in term time or vacation may appoint a suitable person as receiver.

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Cite this article: FindLaw.com - Texas Local Government Code - LOC GOV'T § 62.041. Application for and Appointment of Receiver - last updated January 01, 2024 | https://codes.findlaw.com/tx/local-government-code/loc-gov-t-sect-62-041/

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