Texas § 11.408 SUPERVISING COURT; JURISDICTION; AUTHORITY.

Texas Statutes

§ 11.408 — SUPERVISING COURT; JURISDICTION; AUTHORITY.

Texas § 11.408

Code BOBusiness Organizations Code

This text of Texas § 11.408 (SUPERVISING COURT; JURISDICTION; AUTHORITY.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Business Organizations Code Code Ann. § 11.408 (2026).

Text

Sec. 11.408. SUPERVISING COURT; JURISDICTION; AUTHORITY.

(a)A court supervising a receivership under this subchapter may, from time to time:

(1)make allowances to a receiver or attorney in the proceeding; and

(2)direct the payment of a receiver or attorney from the property of the domestic entity that is within the scope of the receivership or the proceeds of any sale or disposition of that property.

(b)A court that appoints a receiver under this subchapter for the property or business of a domestic entity has exclusive jurisdiction over the domestic entity and all of its property, regardless of where the property is located.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 11.408. SUPERVISING COURT; JURISDICTION; AUTHORITY. (a) A court supervising a receivership under this subchapter may, from time to time:
(1) make allowances to a receiver or attorney in the proceeding; and
(2) direct the payment of a receiver or attorney from the property of the domestic entity that is within the scope of the receivership or the proceeds of any sale or disposition of that property.
(b) A court that appoints a receiver under this subchapter for the property or business of a domestic entity has exclusive jurisdiction over the domestic entity and all of its property, regardless of where the property is located.