Texas Insurance Code 443.353 – Reopening Receivership
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Terms Used In Texas Insurance Code 443.353
- Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
- Property: means real and personal property. See Texas Government Code 311.005
After the liquidation proceeding has been terminated and the liquidator discharged, the commissioner or other interested party may at any time petition the court to reopen the delinquency proceeding for good cause, including the discovery of additional property. If the court is satisfied that there is justification for reopening, it shall so order.