Tex. Civ. Prac. & Rem. Code § 64.074

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 64.074 - Claims Preference Against Current Earnings

A judgment or claim existing against a corporation at the time the receiver is appointed or a judgment in an action existing at that time shall be paid out of the earnings of the corporation earned during the receivership in preference to the mortgage of a mortgagee who instituted the receivership. The judgment or claim is a lien on those earnings.

Tex. Civ. Prac. and Rem. Code § 64.074

Acts 1985, 69th Leg., ch. 959, Sec. 1, eff. 9/1/1985.