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Tex. Civ. Prac. & Rem. Code § 64.002

PERSONS NOT ENTITLED TO APPOINTMENT

Applied in 2 court decisions — leading case Johnson Ex Rel. MAII Holdings, Inc. v. Jackson Walker, L.L.P. (2008)

Most recently applied in in the Matter of the Marriage of Eleanor Fox Davis and William Barnes Davis (June 2012)

Acts 1985, 69th Leg., ch. 959, Sec. 1, eff

(a) A court may not appoint a receiver for a corporation, partnership, or individual on the petition of the same corporation, partnership, or individual.

(b) A court may appoint a receiver for a corporation on the petition of one or more stockholders of the corporation.

(c) This section does not prohibit:

(1) appointment of a receiver for a partnership in an action arising between partners; or

(2) appointment of a receiver over all or part of the marital estate in a suit filed under Title 1 or 5, Family Code.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.