Tex. Business Organizations Code § 11.054
COURT SUPERVISION OF WINDING UP PROCESS
Texas · Texas Business Organizations Code · Status: effective
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- Citation
- Tex. Business Organizations Code § 11.054, COURT SUPERVISION OF WINDING UP PROCESS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/583299
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Full text
Subject to the other provisions of this code, on application of a domestic entity or an owner or member of a domestic entity, a court may:
(1) supervise the winding up of the domestic entity;
(2) appoint a person to carry out the winding up of the domestic entity; and
(3) make any other order, direction, or inquiry that the circumstances may require.