Texas § CP.64.074 - CLAIMS PREFERENCE AGAINST CURRENT EARNINGS
Full text of Texas The Texas Constitution § CP.64.074 — CLAIMS PREFERENCE AGAINST CURRENT EARNINGS, with citation guidance and answers to common questions.
§ CP.64.074. CLAIMS PREFERENCE AGAINST CURRENT EARNINGS
CLAIMS PREFERENCE AGAINST CURRENT EARNINGS. A judgment or claim existing against a corporation at the time the receiver is appointed or a judgment in an action existing at that time shall be paid out of the earnings of the corporation earned during the receivership in preference to the mortgage of a mortgagee who instituted the receivership. The judgment or claim is a lien on those earnings. Acts 1985, 69th Leg., ch. 959, Sec. 1, eff. Sept. 1, 1985.
Frequently Asked Questions About Texas § CP.64.074
What does The Texas Constitution § CP.64.074 cover?
Section CP.64.074 ("CLAIMS PREFERENCE AGAINST CURRENT EARNINGS") 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 § CP.64.074?
A common citation format is "The Texas Constitution § CP.64.074" (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 § CP.64.074 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.