Tex. Insurance Code § 443.352
This is the official text of Tex. Insurance Code § 443.352, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 443.352. TERMINATION OF LIQUIDATION PROCEEDINGS.
Official statutory text
When all property justifying the expense of collection and distribution has been collected and distributed under this chapter, the liquidator shall apply to the receivership court for an order discharging the liquidator and terminating the proceeding. The receivership court may grant the application and make any other orders, including orders to transfer any remaining funds that are uneconomic to distribute, or pursuant to Section 443.302(c), assign any assets that remain unliquidated, including claims and causes of action, as may be deemed appropriate.
Status: in_force · Read it on the official government site
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