Texas Business Organizations Code
Sec. § 11.353
Discharge of Liability of Person Responsible for Liquidation

A person responsible for the distribution in liquidation of a filing entitys assets will be released and discharged from further liability with respect to money received from the liquidation when the person deposits the money with the comptroller under Section 11.352 (Deposit With Comptroller of Amount Due Owners and Creditors Who Are Unknown or Cannot Be Located).
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Last accessed
May. 25, 2020