Tex. Civil Practice and Remedies Code § 64.074
CLAIMS PREFERENCE AGAINST CURRENT EARNINGS
Texas · Texas Civil Practice and Remedies Code · Status: effective
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- Citation
- Tex. Civil Practice and Remedies Code § 64.074, CLAIMS PREFERENCE AGAINST CURRENT EARNINGS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/632565
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3026549e1264300abd4b0c134cdd32d7fcaaa2a3fe5d40dcdf2192735015488b
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Full text
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.