Texas Finance Code Chapter 92 > Subchapter K – Voluntary Liquidation
Current as of: 2024 | Check for updates
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Other versions
| § 92.501 | Resolution to Liquidate and Dissolve |
| § 92.502 | Distribution of Assets |
| § 92.503 | Final Report and Accounting |
Terms Used In Texas Finance Code Chapter 92 > Subchapter K - Voluntary Liquidation
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Contract: A legal written agreement that becomes binding when signed.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- sworn: includes affirm or affirmed. See Texas Government Code 312.011