Texas Local Government Code 62.090 – Payment of Claims
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Terms Used In Texas Local Government Code 62.090
- Municipality: means a general-law municipality, home-rule municipality, or special-law municipality. See Texas Local Government Code 1.005
- Property: means real and personal property. See Texas Government Code 311.005
The court in which the receivership of an abolished municipality is pending shall:
(1) provide for the payment of the claims legally established against the municipality;
(2) determine the priority of the claims;
(3) order the sale of all property held by the receiver that is subject to sale for the satisfaction of the municipality’s indebtedness; and
(4) direct the receiver to pay the claims legally established against the municipality.