Tex. Bus. Org. Code § 11.305

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 11.305 - Judgment Requiring Winding Up and Termination

If a district court finds in an action brought under this subchapter that proper grounds exist under Section 11.301(a) for a winding up of a filing entity's business and termination of the filing entity's existence, the court shall:

(1) make findings to that effect; and

(2) subject to Section 11.306, enter a judgment not earlier than the fifth day after the date the court makes its findings.

Tex. Bus. Org. Code § 11.305

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. 1/1/2006.