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Tex. Business & Commerce Code § 23.10

ASSIGNMENT DISCHARGES DEBTOR

Texas · Texas Business & Commerce Code · Status: effective

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Tex. Business & Commerce Code § 23.10, ASSIGNMENT DISCHARGES DEBTOR, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/630609
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If an assigning debtor makes an assignment, he is discharged from liability on the claim of a consenting creditor unless the consenting creditor does not receive at least one-third of the amount allowed on his claim against the assigned estate.