Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 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.Tex. Bus. Org. Code § 11.402
Amended by Acts 2011, 82nd Leg., R.S., Ch. 139, Sec. 19, eff. 9/1/2011. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.