Texas Business Organizations Code
Sec. § 11.402
Jurisdiction to Appoint Receiver


(a)

A court that has subject matter jurisdiction over specific property of a domestic or foreign entity that is located in this state and is involved in litigation has jurisdiction to appoint a receiver for that property as provided by Section 11.403 (Appointment of Receiver for Specific Property).

(b)

A district court in the county in which the registered office or principal place of business of a domestic entity is located has jurisdiction to:

(1)

appoint a receiver for the property and business of a domestic entity for the purpose of rehabilitating the entity as provided by Section 11.404 (Appointment of Receiver to Rehabilitate Domestic Entity); or

(2)

order the liquidation of the property and business of a domestic entity and appoint a receiver to effect that liquidation as provided by Section 11.405 (Appointment of Receiver to Liquidate Domestic Entity; Liquidation).
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 139 (S.B. 748), Sec. 19, eff. September 1, 2011.
Source
Last accessed
Apr. 7, 2020