Sec. 11.411. GOVERNING PERSONS AND OWNERS NOT NECESSARY PARTIES DEFENDANT. Governing persons and owners or members of a domestic entity are not necessary parties to an action for a receivership or liquidation of the property and business of a domestic entity unless relief is sought against those persons individually.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
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