Sec. 23.23. ASSIGNEE'S FINAL REPORT AND DISCHARGE. (a) An assignee wishing to be discharged from his appointment shall prepare and file for record with the county clerk of the county in which his assignment is recorded a sworn report describing
(1) all property which came into his possession under the assignment; and
(2) how and to whom he distributed the property.
(b) The assignee shall also deposit in the registry of the court who approved his bond money belonging to the assigned estate still in his possession at the time he files his report under Subsection (a) of this section. The court shall distribute the money under this chapter to the consenting creditors and assignee and, in the case of surplus, to the nonconsenting creditors and assigning debtor.
Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1.
Structure Texas Statutes
Title 3 - Insolvency, Fraudulent Transfers, and Fraud
Chapter 23 - Assignments for the Benefit of Creditors
Subchapter C. Duties and Rights of Assignee
Section 23.16. Assignee's Qualifications, Duty to Record Assignment, and Bond
Section 23.17. Notice of Assignee's Appointment
Section 23.18. Replacement of Assignee
Section 23.19. Assignee's Duty to Distribute Assigned Estate
Section 23.20. Discount of Claim Not Due and Allowance of Secured Claim
Section 23.21. Assignee's Entitlement to Compensation
Section 23.22. Examination of Debtor or Other Person
Section 23.23. Assignee's Final Report and Discharge
Section 23.24. Time Limit on Bringing Action Against Assignee