Sec. 62.090. PAYMENT OF CLAIMS. The court in which the receivership of an abolished municipality is pending shall:
(1) provide for the payment of the claims legally established against the municipality;
(2) determine the priority of the claims;
(3) order the sale of all property held by the receiver that is subject to sale for the satisfaction of the municipality's indebtedness; and
(4) direct the receiver to pay the claims legally established against the municipality.
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
Subchapter C. Payment of Indebtedness and Disposition of Assets Under Receivership
Section 62.081. Presentation of Claims
Section 62.082. Notice of Claims
Section 62.083. Approval of Claims
Section 62.084. Complete or Partial Disallowance of Claim
Section 62.085. Taxpayer Protest
Section 62.086. Suits to Establish Claims
Section 62.087. Allowance and Approval of Established Claims
Section 62.088. Liability for Costs
Section 62.090. Payment of Claims
Section 62.091. Additional Tax
Section 62.092. Assessment and Collection of Tax