GroundRules
Tex. Civil Practice and Remedies Code § 64.074: CLAIMS PREFERENCE AGAINST CURRENT EARNINGS.
Where this section sits in the code
- CIVIL PRACTICE AND REMEDIES CODE
- TITLE 3. EXTRAORDINARY REMEDIES
- CHAPTER 64. RECEIVERSHIP
- SUBCHAPTER E. PROVISIONS RELATING TO RECEIVERSHIP OF CORPORATIONS
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.
Acts 1985, 69th Leg., ch. 959, Sec. 1, eff. Sept. 1, 1985.
Collected 2026-08-27T01:47:00Z. Source file · JSON