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Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 75(R)

HOUSE BILL 3581  

HOUSE AUTHOR: Hightower

EFFECTIVE: 06-17-97         

SENATE SPONSOR: Ogden

House Bill 3581 amends the Civil Practice and Remedies Code to permit the receiver of a railroad company located wholly within this state that has been in receivership for more than 50 years to apply to the court to terminate the receivership and disburse the assets of the railroad company to one or more nonprofit charitable organizations located in the county in which the receiver was appointed.