ASSIGNMENT DISCHARGES DEBTOR.

Tex. BUS. & COM Code § 23.10.
in effect
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If an assigning debtor makes an assignment, he is discharged from liability on the claim of a consenting creditor unless the consenting creditor does not receive at least one-third of the amount allowed on his claim against the assigned estate. SUBCHAPTER C. DUTIES AND RIGHTS OF ASSIGNEE
Source: TX Statutes (Official Site)URL: https://statutes.capitol.texas.gov/Fetched: 6/28/2026

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