Texas § BO.11.406 - RECEIVERS
Full text of Texas The Texas Constitution § BO.11.406 — RECEIVERS, with citation guidance and answers to common questions.
§ BO.11.406. RECEIVERS
RECEIVERS: QUALIFICATIONS, POWERS, AND DUTIES. (a) A receiver appointed under this chapter: (1) must be an individual citizen of the United States or an entity authorized to act as receiver; (2) shall give a bond in the amount required by the court and with any sureties as may be required by the court; (3) may sue and be sued in the receiver's name in any court; (4) has the powers and duties provided by other laws applicable to receivers; and (5) has the powers and duties that are stated in the order appointing the receiver or that the appointing court: (A) considers appropriate to accomplish the objectives for which the receiver was appointed; and (B) may increase or diminish at any time during the proceedings. (b) To be appointed a receiver under this chapter, a foreign entity must be registered to transact business in this state. Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Frequently Asked Questions About Texas § BO.11.406
What does The Texas Constitution § BO.11.406 cover?
Section BO.11.406 ("RECEIVERS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § BO.11.406?
A common citation format is "The Texas Constitution § BO.11.406" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § BO.11.406 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.