Tex. Bus. Org. Code § 11.411

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 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.

Tex. Bus. Org. Code § 11.411

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.