Public-domain · open source
OpenJurist

Tex. Civ. Prac. & Rem. Code § 64.051

APPLICATION OF FUNDS; PREFERENCES

Applied in 4 court decisions — leading case Albert G. Hill, III v. Albert G. Hill, Jr. (2015)

Most recently applied in Albert G. Hill, III v. Albert G. Hill, Jr. (March 2015)

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

How often courts cite this section

199720002010201510
citing decisions per year

Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.

(a) A receiver shall apply the earnings of property held in receivership to the payment of the following claims in the order listed:

(1) court costs of suit;

(2) wages of employees due by the receiver;

(3) debts owed for materials and supplies purchased by the receiver for the improvement of the property held as receiver;

(4) debts due for improvements made during the receivership to the property held as receiver;

(5) claims and accounts against the receiver on contracts made by the receiver, personal injury claims and claims for stock against the receiver accruing during the receivership, and judgments rendered against the receiver for personal injuries and for stock killed; and

(6) judgments recovered in suits brought before the receiver was appointed.

(b) Claims listed in this section have a preference lien on the earnings of the property held by the receiver.

(c) The court shall ensure that the earnings are paid in the order of preference listed in this section.

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