SRC-JEC S.B. 252 77(R) BILL ANALYSIS Senate Research Center S.B. 252 77R194 MCK-DBy: Harris Jurisprudence 2/21/2001 As Filed DIGEST AND PURPOSE Currently, during a divorce, a receiver may be appointed by the court to preserve and protect the property of the parties. In some cases, a person who holds a lien against the property may not know of the receivership. As proposed, S.B. 252 amends the Family Code to require a receiver to notify lienholders of the appointment. RULEMAKING AUTHORITY This bill does not expressly grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Amends Section 6.502, Family Code, to require a receiver, not later than the 30th day after the date the receiver is appointed under Subsection (a), to give notice of the appointment to each lienholder of any property under the receiver's control. SECTION 2. Effective date: September 1, 2001.