Tex. Business Organizations Code § 11.353
This is the official text of Tex. Business Organizations Code § 11.353, part of Texas’s Business Organizations Code — governs the formation and operation of corporations, LLCs, and partnerships.
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§ 11.353. DISCHARGE OF LIABILITY OF PERSON RESPONSIBLE FOR LIQUIDATION.
Official statutory text
A person responsible for the distribution in liquidation of a filing entity's assets will be released and discharged from further liability with respect to money received from the liquidation when the person deposits the money with the comptroller under Section 11.352.
Status: in_force · Read it on the official government site
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