{"data":{"id":"us-tx/tex.-business-organizations-code-11.410","jurisdiction":"us-tx","citation":"Tex. Business Organizations Code § 11.410","heading":"RECEIVERSHIP FOR ALL PROPERTY AND BUSINESS OF FOREIGN ENTITY.","body":"(a) A district court may appoint a receiver for all of the property, in and outside this state, of a foreign entity doing business in this state and its business if the court determines, in accordance with the ordinary usages of equity, that circumstances exist that necessitate the appointment of a receiver even if a receiver has not been appointed by another court.\n(b) The appointing court shall convert a receivership created under Subsection (a) into an ancillary receivership if the appointing court determines an ancillary receivership is appropriate because a court in another state has ordered a receivership of all property and business of the entity.\nActs 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.","path":["BUSINESS ORGANIZATIONS CODE","TITLE 1. GENERAL PROVISIONS","CHAPTER 11. WINDING UP AND TERMINATION OF DOMESTIC ENTITY","SUBCHAPTER I. RECEIVERSHIP"],"source_url":"https://statutes.capitol.texas.gov/Docs/BO/htm/BO.11.htm#11.410","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:46:58Z","sha256":"0cdd7dca9003d9bfcddf109319b9cb21d4c596be8b4d9b81d90756d04fae80aa","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-business-organizations-code-11.409","next":"us-tx/tex.-business-organizations-code-11.411"},"notice":"GroundRules: Original legal text. Not legal advice."}