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.
(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; 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.
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.
Structure Texas Statutes
Chapter 11 - Winding Up and Termination of Domestic Entity
Section 11.402. Jurisdiction to Appoint Receiver
Section 11.403. Appointment of Receiver for Specific Property
Section 11.404. Appointment of Receiver to Rehabilitate Domestic Entity
Section 11.405. Appointment of Receiver to Liquidate Domestic Entity; Liquidation
Section 11.406. Receivers: Qualifications, Powers, and Duties
Section 11.407. Court-Ordered Filing of Claims
Section 11.408. Supervising Court; Jurisdiction; Authority
Section 11.409. Ancillary Receiverships of Foreign Entities
Section 11.410. Receivership for All Property and Business of Foreign Entity
Section 11.411. Governing Persons and Owners Not Necessary Parties Defendant
Section 11.412. Decree of Involuntary Termination
Section 11.414. Filing of Decree of Involuntary Termination Against Filing Entity