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Tex. Fin. Code § 126.354 – Compensation | Midpage
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Texas Statutes
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D
Chapter 126
Subchapter H
§ 126.354
Tex. Fin. Code § 126.354
Compensation
Effective Sep 1, 1997
Acts 1997, 75th Leg., ch. 1008
(a) A liquidating agent is entitled to receive reasonable compensation during the liquidation.
(b) The compensation is considered an incidental expense of the liquidation.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.