Sec. 62.041. APPLICATION FOR AND APPOINTMENT OF RECEIVER. (a) Any creditor of a validly incorporated municipality that abolishes its corporate existence may apply to a district judge in the district in which the municipality is located to appoint a receiver for the municipality.
(b) After an application is filed and proper notice of the application is posted, the judge hearing the application in term time or vacation may appoint a suitable person as receiver.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Structure Texas Statutes
Title 2 - Organization of Municipal Government
Subtitle E - Consolidation and Abolition of Municipalities
Chapter 62 - Abolition of Municipalities
Section 62.041. Application for and Appointment of Receiver
Section 62.042. Notice of Application
Section 62.044. Filing and Recording Order and Bond