GroundRules
Tex. Business Organizations Code § 11.353: DISCHARGE OF LIABILITY OF PERSON RESPONSIBLE FOR LIQUIDATION.
Where this section sits in the code
- BUSINESS ORGANIZATIONS CODE
- TITLE 1. GENERAL PROVISIONS
- CHAPTER 11. WINDING UP AND TERMINATION OF DOMESTIC ENTITY
- SUBCHAPTER H. CLAIMS RESOLUTION ON TERMINATION
A person responsible for the distribution in liquidation of a filing entity's assets will be released and discharged from further liability with respect to money received from the liquidation when the person deposits the money with the comptroller under Section 11.352.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Collected 2026-08-27T01:46:58Z. Source file · JSON