Sec. 961.403. INVOLUNTARY DISSOLUTION. If the commissioner after notice and hearing determines that a nonprofit legal services corporation is insolvent or has violated this chapter, the corporation's affairs shall be disposed of:
(1) by a liquidator appointed by and under the supervision of the commissioner; or
(2) in an appropriate case, under the direction of a court in Travis County.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Section: Previous 961.252 961.253 961.254 961.255 961.256 961.301 961.302 961.303 961.304 961.305 961.306 961.307 961.401 961.402 961.403Last modified: September 28, 2016