Texas Natural Resources Code Chapter 62 > Subchapter F – Dissolution of Board
Current as of: 2024 | Check for updates
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Other versions
| § 62.161 | Order Calling Election to Dissolve; Notice of Election |
| § 62.162 | Election to Dissolve |
| § 62.163 | Administration of Property, Debts, and Assets After Dissolution |
Terms Used In Texas Natural Resources Code Chapter 62 > Subchapter F - Dissolution of Board
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Contract: A legal written agreement that becomes binding when signed.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Property: means real and personal property. See Texas Government Code 311.005
- Trustee: A person or institution holding and administering property in trust.
- Week: means seven consecutive days. See Texas Government Code 311.005
- Written: includes any representation of words, letters, symbols, or figures. See Texas Government Code 311.005
- Year: means 12 consecutive months. See Texas Government Code 311.005