Texas § 36.3035 APPOINTMENT OF A RECEIVER.

Texas Statutes

§ 36.3035 — APPOINTMENT OF A RECEIVER.

Texas § 36.3035

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This text of Texas § 36.3035 (APPOINTMENT OF A RECEIVER.) 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. Water Code Code Ann. § 36.3035 (2026).

Text

Sec. 36.3035. APPOINTMENT OF A RECEIVER.

(a)If the attorney general brings a suit for the appointment of a receiver for a district, a district court shall appoint a receiver if an appointment is necessary to protect the assets of the district.

(b)The receiver shall execute a bond in an amount to be set by the court to ensure the proper performance of the receiver's duties.

(c)After appointment and execution of bond, the receiver shall take possession of the assets of the district specified by the court.

(d)Until discharged by the court, the receiver shall perform the duties that the court directs to preserve the assets and carry on the business of the district and shall strictly observe the final order involved.

(e)On a showing of good cause by the district, the court may dissolve the

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Sec. 36.3035. APPOINTMENT OF A RECEIVER. (a) If the attorney general brings a suit for the appointment of a receiver for a district, a district court shall appoint a receiver if an appointment is necessary to protect the assets of the district.
(b) The receiver shall execute a bond in an amount to be set by the court to ensure the proper performance of the receiver's duties.
(c) After appointment and execution of bond, the receiver shall take possession of the assets of the district specified by the court.
(d) Until discharged by the court, the receiver shall perform the duties that the court directs to preserve the assets and carry on the business of the district and shall strictly observe the final order involved.
(e) On a showing of good cause by the district, the court may dissolve the receivership and order the assets and control of the business returned to the district.