Texas Finance Code Chapter 62 > Subchapter K – Voluntary Liquidation
Current as of: 2024 | Check for updates
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Other versions
| § 62.501 | Resolution to Liquidate and Dissolve; Approval by Commissioner |
| § 62.502 | Distribution of Assets |
| § 62.503 | Final Report and Accounting |
Terms Used In Texas Finance Code Chapter 62 > Subchapter K - Voluntary Liquidation
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- Month: means a calendar month. See Texas Government Code 312.011
- Population: means the population shown by the most recent federal decennial census. See Texas Government Code 311.005
- Property: means real and personal property. See Texas Government Code 311.005
- sworn: includes affirm or affirmed. See Texas Government Code 312.011
- Year: means 12 consecutive months. See Texas Government Code 311.005