Sec. 62.090. PAYMENT OF CLAIMS. The court in which the receivership of an abolished municipality is pending shall:
(1) provide for the payment of the claims legally established against the municipality;
(2) determine the priority of the claims;
(3) order the sale of all property held by the receiver that is subject to sale for the satisfaction of the municipality's indebtedness; and
(4) direct the receiver to pay the claims legally established against the municipality.
Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
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