Tex. Business Organizations Code § 11.054
This is the official text of Tex. Business Organizations Code § 11.054, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.
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§ 11.054. COURT SUPERVISION OF WINDING UP PROCESS.
Official statutory text
Subject to the other provisions of this code, on application of a domestic entity or an owner or member of a domestic entity, a court may:
(1) supervise the winding up of the domestic entity;
(2) appoint a person to carry out the winding up of the domestic entity; and
(3) make any other order, direction, or inquiry that the circumstances may require.
(1) supervise the winding up of the domestic entity;
(2) appoint a person to carry out the winding up of the domestic entity; and
(3) make any other order, direction, or inquiry that the circumstances may require.
Status: in_force · Read it on the official government site
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