23.18 – REPLACEMENT OF ASSIGNEE. (a) A county or district
Texas Business and Commerce Code § 23.18
Summary
This law allows a county or district court to remove or replace an assignee if certain conditions are met. It affects debtors and creditors involved in assignments where an assignee is not fulfilling their obligations or has not met required conditions.
Court can replace assignee upon request or its own motion.
Removal can occur if bond requirements are not met.
Assignee can be removed for refusal to serve or good cause.
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In simple terms: Learn about Texas's REPLACEMENT OF ASSIGNEE. (a) A county or district law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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