Texas Statutes (Last Updated: January 4, 2014) |
BUSINESS AND COMMERCE CODE |
Title 3. INSOLVENCY, FRAUDULENT TRANSFERS, AND FRAUD |
Chapter 23. ASSIGNMENTS FOR THE BENEFIT OF CREDITORS |
Subchapter C. DUTIES AND RIGHTS OF ASSIGNEE |
Sec. 23.24. TIME LIMIT ON BRINGING ACTION AGAINST ASSIGNEE
Latest version.
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An action against an assignee based on his conduct in carrying out the assignment, as shown in his report filed under Section 23.23(a) of this code, must be brought within 12 months after the report is filed or the action is barred.
Acts 1967, 60th Leg., p. 2343, ch. 785, Sec. 1.