Tex. Transp. Code Section 283.209
Receivership

(a)

A receiver appointed under Section 283.208, acting in the same manner as the county, may:

(1)

take possession of the project;

(2)

maintain the project; and

(3)

collect and receive revenues received from the project.

(b)

The receiver shall dispose of and apply revenues:

(1)

according to the obligations of the county under the bond instrument; and

(2)

as directed by a court.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.

Source: Section 283.209 — Receivership, https://statutes.­capitol.­texas.­gov/Docs/TN/htm/TN.­283.­htm#283.­209 (accessed Jun. 5, 2024).

Green check means up to date. Up to date

Accessed:
Jun. 5, 2024

§ 283.209’s source at texas​.gov